Lecture

Sustainability: Understanding Different Capitals

Description

This lecture introduces the concept of capitals in the context of sustainability, focusing on natural, human, social, financial, and manufactured capital. It discusses the correlations between these capitals and well-being, emphasizing the importance of trust and cooperation in social capital. The lecture also explores the idea of building social capital through a social credit system, using China's example. Additionally, it examines how capitals are reflected in the balance sheet of firms, using Novartis as a case study.

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