Submitted by H. Hutton on Mon, 12/10/2015 - 16:10
13 October 2015 – Today, over 40 leading businesses will be the first to see the new draft of the Natural Capital Protocol, being developed by the Natural Capital Coalition. The testing programme will be led by the Cambridge Institute for Sustainability Leadership, a member of the Coalition.
This first-of-its-kind programme is designed for businesses to live-test, refine and influence the final Protocol to ensure it is robust, practical and relevant to the entire private sector. Ten businesses will be testing the Protocol in depth, including The Coca-Cola Company, The Dow Chemical Company, F. Hoffmann-La Roche, Hugo Boss, Kering, Natura, Nespresso, Nestlé, Olam International and Shell.
The Natural Capital Protocol will bring together the many approaches to natural capital under one standardised framework. The final global Protocol and supporting guidance will be published on 6 July 2016.
Polly Courtice, Director of the Cambridge Institute for Sustainability Leadership, said: “This is a significant and vital stage in the Natural Capital Protocol, which will provide us with invaluable insight to help steer the content of the final protocol. The involvement of business users from an early stage has always been essential to ensure the final outcome becomes a commonly used product in the market.”
