Network Natural Capital for Businesses

 

Pilot Study (August 2017)

Private Sector and Natural Capital Recognizing value – Exploring opportunities

Natural Capital Assessment for trenchless Pipe Laying

Brochure (June 2017)

Private Sector and Natural Capital Recognizing value – Exploring opportunities

The Business Case for Natural Capital Assessment

 The Business Case for Natural Capital Assessment
 

Business, Biodiversity & Natural Capital - Ambitions, Risks & Opportunities"

 

4 October 2017: EU B@B Annual Conference – How to set an ambition level?

 

5 October 2017: Global Nature Fund – Integrating Natural Capital into Your Business Increasing Opportunities and Dealing with Risks

 

Frankfurt / Main, Germany

The Global Nature Fund and the European Commission look back on two successful days of events: on 4 and 5 October around 150 international company representatives and experts from more than 20 countries discussed about the effective integration of biodiversity and natural capital into corporate decision making. Under the common motto "Business, biodiversity & natural capital | Ambitions, risks & opportunities" the conference brought front-runners and newcomers together with leading scientists, government officials and nature conservation organisations at the Nestlé Competence Center in Frankfurt/Germany.

Further information is available here.

 

Goal

The goal is to increase knowledge and comprehension of the opportunities and risks linked to corporate natural capital assessment. Raising awareness on this issue helps that nature is recognized not only as a production factor that is free of cost but as a fundamental basis for life and economy.

 

Project Activities

 

1. Networking

For the first time a central platform will be set up in Germany, where representatives of companies, NGOs, science and public authorities could exchange views on the methodological development and practical application of natural capital valuation.

 

From September 2015 the online platform Natural Capital Markets and Valuation will offer information regarding the assessment of impacts and dependencies on natural capital. Regular network meetings, webinars and an international conference on natural capital valuation complement our information offer. The participation in the natural capital network is free of charge. Interested parties can directly contact the GNF office in Bonn.

 

2. Pilot studies with companies

Accompanied by the Global Nature Fund two or three companies will conduct a natural capital assessment and identify the most important impacts and/or dependencies on natural capital. In this context different scopes of the assessment should be tested – besides a site- or product-level assessment the value chain could be analyzed on basis of available methods (such as Footprinting). Gathered experiences will be presented at the network meetings and via online publications.

 

Companies that are interested in pilot testing the natural capital assessment can directly contact the GNF office in Bonn.

 

3. Specialized information on natural capital for companies

Several publications on methodological and practical aspects of the natural capital assessment and its impacts and dependencies will be released during the project. One subject of discussion will be the connection between natural capital valuation and Sustainability and Integrated Reporting. Furthermore, recommendations will be developed on the use of economic valuation of natural capital in corporate reporting.

 

The involvement of small and medium-sized enterprises (SME) will be examined in another brief study. SMEs do not have the same financial means as big global companies. Therefore, simplified and adapted solutions are required. In the context of the project possible solutions will be presented and further relevant issues will emerge during the project.

 

Background

Nature is an essential economic factor. The private sector benefits from natural capital and ecosystem services and depends on it at the same time. Nevertheless, neither benefits nor costs are adequately reflected in corporate accounting or in entrepreneurial decision-making. The economic valuation of natural capital is the key instrument to change this. Although, there has been a lot of movement in the world of business since 2011, the economic valuation still remains far away from mainstream. At the same time, there are a few “Best Practice” examples that could be summarized as natural capital assessments. These could be used as useful guidance for businesses.

Contact

Andrea Peiffer

Global Nature Fund – Office Bonn

Phone: +49 - (0) 228 - 184 86 94 - 12

E-mail: peiffer@globalnature.org

 Mate leaves are the raw material for tasty tea types.
 Wood is an important resource world-wide.

Supporters:

 German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB), German Federal Environmental Agency (UBA)

Online Platform:

 To the Online Platform Natural Capital Markets and Valuation
 Network Meeting, February 2017

Author: Lena Tiedeken, Sekisui

 Network Meeting, February 2017

Author: Lena Tiedeken, Sekisui

 Network Meeting, February 2017

Author: Lena Tiedeken, Sekisui

 
 

Official Project Title:

 

Project Duration:

 

Supported by:

Natural Capital Accounting Network

 

May 2015 - December 2017

 

German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB), German Federal Environmental Agency (UBA)