Today the companies cannot just be looking at Financial aspects. The Balance Sheets of the Future should maintain ‘Balance’ in the whole – The Social Impact, Environmental Impact, the Impact on Poverty Alleviation, etc. For E.g. maybe the Millenium Development Goal (MDG) set by UN can become the part of Balance Sheets – of both the Governments and the Corporates.

By the action of the company, how was the enrvironment impacted, and what did the company do to to negate the impact of it. Say on the usage of Fossil Fuel by the company to run its operations: How did the company compensate or give back to the Environment for the usage of Diesel for powering the offices, usage of vehicles by the employees, running office cabs, using Aircrafts, etc.  The Assets are the Compensatory Efforts, Liabilities is the destruction.