With ESG top of mind for companies and stakeholders around the world these days, KPMG Director Gaya Herrington published research in the Yale's Journal of Industrial Ecology comparing the World3 model created in the ‘70’s by MIT scientists with empirical data. What happens if humanity keeps pursuing economic growth without regard for environmental and social costs? In this day and age of data abundance, can we create an optimal scenario or are the impacts of the past few decades too late to change now? Read further to understand the if there is a window of opportunity and what we can do.
This research was not conducted on behalf of KPMG U.S. and its conclusions do not necessarily reflect the views of KPMG U.S.