Understanding a Business’ Impacts, Dependencies on the Natural World
by Mark Gough, Executive Director, Natural Capital Coalition | September 20, 2016
Last month, the Natural Capital Protocol launched to great fanfare at Chartered Accountants Hall in London. The Protocol is a standardized framework for business to identify, measure, and value their direct and indirect impacts and dependencies on natural capital. That is, the earth’s stock of resources (e.g., plants, animals, air, water, soils, and minerals) that combine to yield a flow of benefits to businesses and individuals.