Submitted by H. Hutton on Wed, 15/07/2015 - 09:28
16 July 2015 – The Natural Capital Coalition has today released a new report that represents a snapshot of opinion from more than eighty businesses about the current state of play of natural capital measurement and valuation.
The opinion in the report is being used to inform the development of the first ever Natural Capital Protocol that will set out a standardised way for businesses to measure and value their impacts (both positive and negative) and dependencies on nature. The report includes eight key factors that could drive uptake and adoption of the Protocol as well as outlining key applications and benefits that business expect from the Natural Capital Protocol.
Through its Natural Capital Leaders Platform, the University of Cambridge Institute for Sustainability Leadership (CISL) is leading the Business Engagement and Pilot Testing Hub. A select group of companies will test the first draft of the Protocol from October 2015 and, with CISL, provide key insight and feedback to the development of the Protocol in time for the global launch on 29 June 2016.
For more information about the report or the Business Engagement and Pilot Testing Hub please contact Gemma.Cranston@cisl.cam.ac.uk
The work of CISL’s Natural Capital Leaders Platform contributes to CISL’s Rewiring the Economy plan.Rewiring the Economy presents ten interconnected tasks for government, finance and business leaders over the next ten years to lay the foundations for a sustainable economy and deliver against the forthcoming UN Sustainable Development Goals.This work contributes in particular to: Task 7: Set a bold ambition and innovate to deliver greater valueCompanies can seek models of value creation that generate a fair social contribution within the natural boundaries set by the planet. The Natural Capital Leaders Platform helps companies consider how value can be created while having a neutral or positive impact on the natural world. |
