Sustainability

 

 

A bit of an overworked term, perhaps, but sustainability is about staying in it for the long haul. 

Whether it's about recycling household waste, reducing the carbon footprint of the planet, or looking beyond quarterly profits to multi-generational business ownership, sustaining investments are those that prove to meet permanent rather than transient needs and flexible in adapting to an ever-changing external environment. 

Yet because decisions are made in the here and now, EDH views sustainability through the lens of net present value (NPV) - the concept that a dollar received today is worth more than a dollar that is not pocketed until 10 years from now. 

While the NPV approach favors a short-term horizon in a status quo world, it rewards those investments that yield ever increasing value over time - whether measured in dollars or in the quality of life for the next generation.

We are here to assist with the tools to evaluate those unavoidable trade-offs between choices for immediate vs. long-term gain. 

For us, that also means a willingness to tackle the tough challenge of quantifying what are often considered as non-market values (as with human health, ecosystem services, recreation, amenities, proximate land values, containment of urban sprawl, social and community values, and passive or non-use values) in defensible monetary terms.