Hear Tim Freundlich, President of ImpactAssets and Carol Sanford talk about the idea of externalized cost. Externalized costs are all costs that the company creates as a loss, not to themselves, but to the ecological system and to society. They don’t embed it into the cost of the product, So all costs are not incurred into the making of that product or service. A question to impact investors: How are you able to assess this externalized version of cost and how would you coach and mentor people to bring it back inside?
TRE – Responsible Capitalist – Tim Freundlich