On July 13th, the Natural Capital Protocol Toolkit, a new resource to help companies implement the Natural Capital Protocol – the first standardized framework for measuring business impacts and dependencies on nature. The toolkit was produced by World Business Council for Sustainable Development (WBCSD) It is Natural Capital Coalition.
O Protocol and the Toolkit will help companies address natural capital depletion by improving understanding, measurement and decision-making. Building on the work of the Protocol, the Toolkit provides free and interactive data with more than 50 tools for companies to explore, experiment and carry out assessments of their relationship with natural capital in their operations.
By having easy access to the tools and methodologies already available in Toolkit, companies can progress in their efforts to measure and value their risks and opportunities so that they can ultimately assess their true costs, profits, and values. Over time, the Toolkit will evolve to provide important insights into which tools are most used by businesses. This will help business leaders understand which methods are most effective.
Natural Capital Coalition in Brazil
O CEBDS is a member of Natural Capital Coalition works in its focal work groups and followed the entire process of preparing the Protocol with the World Business Council for Sustainable Development. Learn more here.
