Do you know the value of nature's contribution to your business?
"Nurturing a greener world through sustainable innovation and development saves money, creates value and helps develop new markets." – Ursula Burns, Chairman & CEO, Xerox
Corporations of all kinds depend on well-functioning natural systems to produce an array of goods and services vital to their operations and supply chains. Mismanagement of natural assets and the accelerating impacts of climate change can destabilize corporate supply chains and degrade the natural resources upon which businesses rely.
A 2012 KPMG estimate suggests that if companies had to pay for all of the goods and services provided by nature, they would lose 41 cents for every $1 in earnings.
Through the Valuing Natural Capital (VNC) initiative, visionary companies are joining together to develop and promote a new standard of business practice. The VNC is a collaborative leadership platform designed to heighten global business focus on the economic value of healthy natural infrastructure. It enables businesses to better integrate the value of natural capital into their strategy, operations, accounting and reporting.
The VNC platform aggregates the leadership and best practices of companies taking steps such as managing water and land against drought, protecting supply chains from deforestation, and enforcing sustainable fishing practices. This group of pioneering corporations is creating shared solutions and common approaches for protecting corporate interests and conserving natural ecosystems.
The VNC invites new company-driven projects to help advance the business case for better ecosystem management. Ideal initiatives should:
- Address a core business issue
- Value or invest in a natural resource or service vital to the company’s operations and value chain
- Result in tangible and verifiable results
For more information about the initiative, contact Michelle Lapinski.
Read the e-report featuring 24 corporate commitments made at the Rio+20 Conference.
Read the 2013 report from TEEB for Business.
Read the white paper from Shell, Dow, Swiss Re, Unilever, and the Conservancy recommending green infrastructure solutions for business.
See how NatLab is helping Philadelphia with stormwater retrofit financing.
See WBCSD’s compilation of ecosystem services and biodiversity tools to support business decision-making.
Media & Perspectives
Read what the Conservancy CEO had to say at Davos 2012 about the need for businesses to invest in nature.
See AECOM’s Chief Sustainability Officer’s featured blog on Environmental Leader.
“Resource Strain Pushes Coca-Cola, Dow to Put Price Tags on Nature”
An exchange of best-practice insights and tools for valuing natural capital. June 2013
The first major global conference devoted exclusively to turning the debate on natural capital accounting into action. November 2013
Presented by World Economic Forum, Davos brings together over 2,500 global business and political leaders to discuss the most pressing issues facing the world. January 2014