This Primer is a product of the Natural Capital Lab.
“This primer presents Canadian companies in the financial services sector with an opportunity and assistance from the Natural Capital Lab (NCL) to pilot the ‘Natural Capital Protocol’. The Natural Capital Protocol is a framework designed to help generate trusted, credible, and actionable information for business managers to inform decisions.
Why is this important? Natural capital underpins economic prosperity and yet it is often excluded from risk management and decision-making. Every business impacts and depends on natural capital to some degree and will experience risks and/or opportunities associated with these relationships.
Why should I participate? Understanding natural capital offers a range of benefits for financial institutions that could offer a competitive advantage, help identify new investment streams or new insurance products, stress test risk profiles, and build brand loyalty.
How can I participate? This primer outlines the work NCL is set out to do, the role financial sector partners can play, and the opportunities, risks, and impacts of accounting for natural capital on the financial sector….”
Read on and access the full Primer at: Natural Capital Lab.