DEFINITION: The elements of the natural environment that provide valuable goods and functions such as clean air, clean water, food and recreation. Natural capital accounting puts a value on these resouerces. Each year, the planet produces up to $72trn worth of 'free' goods and services that are essential to a well-functioning global economy.
Corporates 'set to lose $1.6trn' without action on natural capital
FTSE100 firms face collectively losing $1.6trn of market capital if they fail to adopt a natural capital approach to decision-making, by assigning a monetary value to natural resources.
Investors urged to act on natural capital to help halt climate change
The investment sector has been urged to assess their impacts and dependencies on natural capital resources - such as clean air, oceans and forests - in the wake of the Intergovernmental Panel on Climate Change's (IPCC) landmark report on global warming.
Business giants launch new natural capital metric
A global network of big-name companies including Mars, Asda and Primark have today (July 11) unveiled a new set of metrics to help other organisations identify, measure, and value impacts and dependencies on natural assets, raw materials and natural infrastructure.
Dow generates £90m from natural capital projects
The Dow Chemical Company (Dow) has continued to prove the business case for measuring impacts on nature, generating almost £90m ($120m) from putting an economic value on natural resources in 2017.
The Essential Eight: edie launches supply chain sustainability handbook
Sustainability and CSR professionals looking to implement best practice to drive sustainability into the supply chain now have access to a new 'handbook' which provides expert advice and insight to tackle eight essential areas of supply chain management.
The Supply Chain Sustainability Handbook
This handbook outlines eight essential opportunities that businesses can seize upon now to drive supply chain sustainability. Each page of the handbook provides an overview of the opportunity, supplemented by top tips, ‘in action’ case studies and expert comments from businesses that will be represented at edie’s Sustainable Supply Chains 2018 conference in June.
25-year Environment Plan: Seven key talking points for sustainability professionals
With the dust settled on the launch of the Government's plan to improve the environment over a generation, edie has taken a look at seven key measures that could have the biggest impact on those in the sustainability and energy management community.
Michael Gove: UK to reward farmers for environmental practices post-Brexit
Michael Gove will indicate that the UK will replace the Common Agricultural Policy (CAP) post-Brexit with a system that gives subsidies to farmers who try to enhance the natural environment.
Redrow targets biodiversity 'net gain' at new developments
UK housebuilder Redrow has announced that a "net gain" approach to biodiversity will be adopted across all new developments, following a trial period that successfully enhanced the ecological land value of certain projects.