Consultation on draft Natural Capital Protocol launched

The Natural Capital Coalition invites comments to its Natural Capital Protocol. The consultation will run until 26th February 2016.

Today offers the opportunity to see for the first time the draft Natural Capital Protocol and Sector Guides as they are launched for consultation at the World Forum on Natural Capital. The draft Protocol and Sector Guides have been developed by the Natural Capital Coalition as a standardized framework for business to measure and value its impacts and dependencies on natural capital and to help them integrate this into their decision making.

The Natural Capital Coalition is built upon the belief that through collaboration we will go further.

The consultation is therefore an essential part of the development process.  As well as engaging with the growing Coalition membership, which has doubled in the last six months and now stands at 168 organisations, the Coalition is establishing an expert review panel, to lead the consultation, build consensus and gain market momentum. The consultation compliments the existing business pilot program that is already underway and includes over 50 companies representing all geographies and many major sectors.

The consultation will run until 26th February 2016 and will be followed by several months of further development prior to the launch of Version 1 in July 2016.

The Natural Capital Protocol allows business to measure and value their direct and indirect impacts and dependencies, which can provide the basis for reporting environmental information & natural capital in mainstream reports according to the principles and requirements of the CDSB Framework. CDSB therefore welcomes and supports the work of the Natural Capital Coalition.

Click here to learn more about the consultation and take part.

Image by Markus Spiske.