Nanno Kleiterp the Chairman of the Natural Capital Coalition will hand over the Chair to John Lelliott, Finance Director of The Crown Estate who has been appointed as per September 1st. 

John Lelliott, Interim Chief Financial Officer of The Crown Estate has been appointed as the new Chairman of the Natural Capital Coalition taking over from Nanno Kleiterp, who will be retiring as chair and as CEO of Netherlands Development Finance Company.

The new appointment was announced at the launch of the Natural Capital Protocol in London today.  The Protocol brings together the many different approaches to natural capital, and offers guidance for businesses about the methods they need to generate trusted actionable information about their use of the world’s natural capital.

The Natural Capital Coalition is a global multi-stakeholder collaboration of leading global initiatives and organisations who work towards harmonizing approaches to natural capital. Natural capital is the world’s stock of natural resources, which includes geology, soils, air, water and all living organisms. Natural capital assets provide people with a wide range of free goods and services, often called ecosystem services, which underpin our economy and society.

Commenting on John Lelliott’s appointment Mark Gough, Executive Director, Natural Capital Coalition said, “As the Coalition enters its new phase of implementation it is really exciting to have John on board who has considerable experience at The Crown Estate of applying the principles of natural capital thinking in a business.”

“We would also like to thank Nanno for his leadership and guidance leading up to the publication of the Protocol.” added Gough.

Said John Lelliott on his appointment, “Accounting for the use of natural capital is an imperative for business and something we ignore at our peril. Chairing the Natural Capital Coalition will enable us to drive the Protocol forward into the next phase”

www.naturalcapitalcoalition.org

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For More Information:

Joseph Confino joseph.confino@naturalcapitalcoalition.org +44 (0) 7855 516 654

Fiona Mannion The Crown Estate  fiona.mannion@thecrownestate.co.uk +44 (0) 20 7851 5199

Editor’s Notes:

The Natural Capital Coalition is a unique global multi-stakeholder collaboration that brings together leading global initiatives and organizations to harmonize approaches to natural capital.

The Natural Capital Protocol and Sector Guides are products of the Natural Capital Coalition. The Coalition is a collaboration of the world’s leading organizations from business, accountancy, science and academia, membership organizations, standard setting, finance, policy and conservation, who have come together through a common vision of a world where business conserves and enhances natural capital. The Coalition’s strength comes from this diversity, and from a shared belief that more can be achieved together than alone.

The WBCSD consortium has led the development of the Protocol with Conservation International, The B Team, PwC and Sustain Value leading the technical development; ACTS, Arcadis, eftec, ERM, Imperial College, ISS, Natural Capital Project, Synergiz and WWF developed critical technical elements; and, Accenture, CDSB, Deloitte, Dow, eni, GIST Advisory, Kering, LafargeHolcim, Natura, Nestlé, Roche, Shell, The Nature Conservancy and World Resources Institute provided technical insights and review.

The IUCN consortium has also contributed to the development of the Protocol, developed the accompanying sector guides and managed the business engagement and pilot testing. Trucost led the development of the sector guides on Food and Beverage and Apparel, with technical support from Indicate Advisory Services, The Sustainable Fashion Academy and The Food and Agricultural Organisation of the United Nations. EY carried out the business engagement and University of Cambridge Institute for Sustainability Leadership (CISL) managed the pilot testing process. IUCN National Committee of the Netherlands, True Price and VitalMetrics provided technical insights and review.

Work on the Natural Capital Protocol Project has been made possible with generous funding from Gordon and Betty Moore Foundation; IFC with the support of the Swiss State Secretariat for Economic Affairs (SECO) and the Ministry of Foreign Affairs of the Government of Netherlands; The Rockefeller Foundation; United Nations Environment Programme (UNEP); and UK Department for the Environment, Food and Rural Affairs (DEFRA). The Coalition is hosted by ICAEW.