The Natural Capital Coalition is an international collaboration that unites leading initiatives and organizations under a common vision of a world that conserves and enhances the natural capital.
The Coalition is made up of almost 300 organizations (and engages many thousands more) which together represent all parts of society. These organizations fall into seven broad stakeholder groups or ‘worlds’: business, finance, conservation and civil society, government and policy, science and academia, standard setters & disclosure and membership organizations.
Coalition organizations share a common belief that we can do more together than we can alone, and an understanding that it is only by bringing the many different parts of the system together as part of a purpose-led conversation that we can we affect real change. The Coalition’s strength comes from this belief, and from the diversity it brings.
Find out more about joining the Coalition here.
CSR Training Institute
The CSR Training Institute is focused on facilitating alignment between business, society and planetary interests. Its founder has worked in this space for decades, advising, training, writing, speaking, advocating and trying to do his part to drive alignment, awareness and change. The Natural Capital model introduces and environmental economics framework that facilitates understanding and alignment of business and planetary interests. The TED Talk on Natural Capital has been incorporated in many programs, events and activities of the CSR Training Institute over the past three years. We believe that a formal association with the Natural Capital Coalition would enable us to better execute on our mission and would support, extend and expand the mission of the coalition (albeit in a small way because we are not a large organization).
Conservation bodies & NGOs
CTCI Foundation, established in 1959, is a nonprofit & nongovernmental organization in Taiwan. For years, we have committed ourselves to the research and development of energy and environmental technology for Taiwan. We admire the honorable works of Natural Capital Coalition, and are looking forward to joining the community of natural capital.
We think we can contribute:
(1) To donate USD 1,000 to support the work of the Coalition.
(2) To Invite more organizations/companies in Taiwan to join Natural Capital Coalition, such as CTCI Group (http://www.ctci.com.tw/), National Taipei University of Technology and so on.
(3) To host several forums of Natural Capital relative subjects in Taiwan.
(4) Under your authorization, we can provide “pro bono” service in the Chinese translation of “Natural Capital Protocol” to introduce your idea to the organizations/companies in the Greater Chinese Area.
For your information, CTCI Foundation also helped the Chinese translation of Lettenmeier et al. (2009)’s research paper, “Resource productivity in 7 steps: How to develop eco-innovative products and services and improve their material footprint”, Wuppertal Spezial, Wuppertal Institut für Klima, Umwelt und Energie, No. 41, ISBN 978-3-929944-80-8.
1. Original paper: https://www.econstor.eu/bitstream/10419/59292/1/716261502.pdf
2. Chinese Translation: http://www.ctci.org.tw/public/Attachment/222217940870.pdf
Cumulus Consultants is a specialist rural consultancy with over 25 years experience in providing advice and analysis to clients in the land and environment sectors. We have a comprehensive knowledge and understanding of the rural economy and rural policy, and a strong track record of successful work with our clients including government bodies, NGOs, businesses, estates and farms. Our services include research, economic analysis, strategy/policy development and operational advice. Our areas of expertise include agriculture, agri-food, agri-environment, forestry, ecosystem services and rural development.
From the beginning, stewardship of the countryside and an integrated approach to achieve economic, environmental and social outcomes has been at the heart of our business; we are therefore committed to the vision and values of the Natural Capital Coalition. We have worked with clients across the UK to understand how economic growth in particular industry sectors impacts ecosystem services. We believe that the Natural Capital Protocol provides a universal framework and language that reinforces, compliments and enhances our work. We intent to use our specialist knowledge, expertise and wide networks to support the Coalition’s mission.
We would like to explore how the Protocol can inform the decisions of land-based business and other organizations in the in the UK’s rural economy. This would include building on the Protocol’s Food and Beverage sector guide. For instance, farming is already heavily influenced by regulation, incentive schemes and assurance protocols; we believe that we could help the Protocol to find its place within this complex framework.
Department of Commerce United States of America
The U.S. Department of Commerce will contribute to the Natural Capital Coalition’s mission in three ways:
1. Serve on the Natural Capital Protocol advisory panel, providing expert guidance from the Federal perspective on protocol design and deployment.
2. Host a publicly available natural capital website for businesses and other stakeholders, with contextual information about natural capital and ecosystem services and links to excellent Federal and external resources. This website will link to the Natural Capital Coalition and related resources such as Natural Capital Business Hub.
3. Link the Coalition’s and its members’ activities, products, and services to a new audience. The Department of Commerce includes 12 diverse bureaus, and supports businesses of all types as it works to create the conditions for economic growth and opportunity. The Department’s points of contact to the Coalition will enable new connections across Coalition members and their stakeholders.
DeTao Institute of Green Investment
The DeTao Institute of Green Investment (IGI) is a civil-society think tank, established by DeTao and dozens of top environmental-economic experts in February, 2014.
Its goal is to bring together global experts for collaborative innovation that explores economic theory, methodologies, and tools for supporting sustainable environmental management and ecological civilization, especially in China.
IGI has 40 international experts, including Robert Costanza, Hunter Lovins, Robert Eccles, J. Alexander Schmidt, Dajian Zhu (Distinguished Professor and PhD Advisor, the Director of the Department of Public Management of Tongjing University), and Xiaofeng He (Professor and Doctoral Adviser of the Finance Department of School of Economics in Peking University, Economist, Investment Banking Expert).
IGI’s mission is to apply market mechanisms into sustainable environmental management, letting markets play a helpful role in resource allocation, building an economic model and new economic system which is financially viable yet ecologically sustainable, and developing a synergistic growth model for natural capital and economic development.
We will keep our information current with you and share thoughts regarding our natural capital practices in China. As we have been doing city-scale natural capital balance sheets, we would be delighted to feature updates on our forthcoming Urban Natural Capital Management Tool on the Natural Capital Hub or Coalition newsletter to share our experience where relevant.
DHI is a consulting and research organization specifically on water environments. We are an independent, private and not-for-profit organization. Using our global knowledge, our local teams develop tailor-made solutions and provide specialized services to solve specific water challenges in areas of aquaculture, agriculture, energy, coastal and marine waters, climate change, surface and groundwater, urban water, industry and the aquatic environment. Our products and services cover a broad spectrum: consulting, specialist advise, leading edge technologies, software tools, chemical and biological laboratory analysis, physical model test facilities, field surveys and monitoring programs. We are more than 1,300 people in 30 countries who are involved in consulting, policy issues, R&D and software sales and support. The clients we work with range from decision makers to water professionals: Public authorities and government organizations, industry sectors such as ports, water utilities, and energy, infrastructure and transportation companies, consulting engineers and contractors. We will contribute to the Coalitions mission by building strong business cases for the marine area looking at Natural Capital Accounting for which DHI, based on advanced modeling, can provide the quantitative environmental assessments as basis for the Natural Capital Accounting. We are on the forefront on providing services to clients who are entrusted in sustainable solutions and can therefore foster the coalitions mission to shift corporate behavior to enhance natural capital. We hold vast amounts of data that can be used in studies with coalition partners.
Dow has already been an active contributor to the development of the Natural Capital Protocol (NCP) through active participation on the Technical Group of the WBCSD-led coalition developing the draft of the NCP. Dow will also be engaged as a pilot test of the protocol this year under the direction of the IUCN-led coalition. Dow’s recently launched 2025 Sustainability Goals commit Dow to delivering $1 billion in value through projects that are good for business and good for ecosystems, and to screen all R&D, capital and real estate project at Dow for ecosystem services impacts and dependencies. We plan to use the NCP in these processes and analyses.
Duraroot designs and helps execute strategies to manage, increase and preserve Natural Capital. Our experts have been world leaders in Natural Capital since the late 1990’s.
We deliver our clients Natural Capital data and information that is:
• Actionable and simple to understand
• Quantifiable – supporting suggested strategies with productive options
• Defendable – litigation tested tools and practices
• Accepted – peer reviewed and standardized, having gained broad stakeholder support
• Repeatable – capturing any appropriate scaling and gains that are achieved
Duraroot will share its expertise and project experience with other Natural Capital Coalition members as well as support continued collaboration to achieve greater conscientiousness around Natural Capital. We also seek to inspire continued balance between economic generation and environmental protection in the pursuit of expediting the preservation of our globe and securing our quality of life.
Conservation bodies & NGOs
We will support the Coalition’s mission by contributing to the development of the Natural Capital protocol. We firmly believe that setting standards in this field is necessary to make the full valuing of nature the norm. With over 15 years of experience in natural capital valuation and experience with clients from business to government, we bring valuable expertise that can help shape this protocol.
We will also seek to share our experience in applying natural capital valuations in the business sector. Last year, we worked with a mining company on incorporating natural capital analysis in their proposed copper mining site. We’ve also conducted several recreation industry analyses for various regions and states.
Finally, we value the opportunity to collaborate with other coalition members to help improve natural capital valuation and promote best practices. We have a proven track record of collaborative work with a range of organizations, and we are always seeking further opportunities for collaboration. We can also help in fundraising for joint project work with other coalition members.
The Earth Genome
Science & academia
At Earth Genome, our vision is for the world’s key decision makers to consistently and routinely take into account the full value of nature and the consequences of their activities on natural systems, thereby averting economic and social disruptions due to the mismanagement of natural capital and environmental risk.
We will deliver our vision by creating a platform to enable easy-to-use, inexpensive, scientifically credible, continuously updated global information on natural resources, coupled with the creation of powerful and relevant decision-support tools. The platform and tools will exponentially lower the cost and time to analyze data and translate it into insights that decision makers can use. We are working with companies and governments to provide an assessment of place-based and temporal science of natural resource challenges ranging from securing water supply to increasing agricultural yield while improving environmental or social conditions. Our tools help businesses and governments evaluate interventions on an effectiveness and financial basis, to facilitate investment and guide the development of science and context-based goals.
We hope that our work to increase the availability and usefulness of data for decision-making will support the Coalition’s work to integrate natural capital into business decision-making and evolution of an enabling policy environment. We believe that business needs better science-based decision making tools to support the fourth point of the Coalition’s Mission: “ support a shift in corporate behavior to enhance rather than deplete natural capital,” and directly support the fifth: “to advance access to reliable data.”
One of Earthmind’s major initiatives is developing a new natural capital asset class. The Verified Conservation Area (VCA) Approach is recognising voluntary area-based conservation where we live and work. For more information, please visit: Conserve Areas
Specifically with respect to the NCC’s mission, we are keen to include best practice guidance on natural capital valuation in the VCA Toolkit; to integrate natural capital valuation into managing and investing in VCAs; to test the use a Natural Capital Protocol in registering, managing and investing in VCAs; to scale up recognition and support for VCAs to enhance natural capital globally; and to assist the policy environment (e.g. SDGs, CBD and Ramsar) to focus on conserving natural capital, hectare by hectare.
We also work on the application of biodiversity standards, notably IFC’s PS6, and are keen to explore the nexus between standards and valuation for conserving and enhancing natural capital.
Conservation bodies & NGOs
Earthwatch is an international NGO that empowers people to contribute to sustainability through scientific research, knowledge and action. We work with a range of companies developing scientifically robust research methodologies that inform sustainability policies and practices simultaneously engaging stakeholders – including employees. Our contribution to the coalitions mission is in raising awareness, building knowledge, and developing mechanisms through which companies can assess and measure the natural resources that affect their businesses and ultimately, can contribute to the SDG’s. We contribute to the NCC mission through supporting thought leadership and sharing expertise on conservation research, engaging employees and other stakeholders in scientific research relevant on natural resources, and building their capacities to lead on action and decisions contributing to natural resource conservation.
Ecomatters is a consultancy specialised in sustainability and chemical safety. We offer services based on life cycle thinking (LCT) and focus on sustainability throughout the value chain. We support organisations in developing their sustainability strategy and setting concrete sustainability goals. Furthermore, we perform quantitative analyses evaluating the social, economic and/or environmental aspects of services and products and assist in the preparation of product claims, (eco) labels and environmental product sheets.
As a specialist in the field on life cycle management, Ecomatters aims to bridge the gap between ‘life cycle thinking’ and ‘natural capital thinking’. To this end, we have sought to find a monetisation method applicable to the full spectrum of life cycle impacts of a company, product or activity as determined by means of Life Cycle Assessment (LCA). We believe to have found a suitable method in the EPS system.
We have supported AkzoNobel in the implementation natural capital assessment by means of EPS monetisation within the 4-Dimensional Profit & Loss (4D P&L) accounting project. Focused on the book value chain, the 4D P&L project has assessed natural capital in parallel with financial, social and human capital. The results of this projects demonstrated to support the identification of improvement opportunities and facilitate effective communication and decision making processes.
We have further written the implementation guide on “Natural capital assessment – environmental damage costing”, which we have shared with business community free of charge. Please visit www.ecomatters.nl to download a copy of this practical guidance.
EcoMetrix Solutions Group
EcoMetrix Solutions Group was founded specifically to help clients develop and implement the metrics needed to make better, more informed decisions. We will contribute to the Coalition’s mission by supporting the business case for integrating natural capital into decision making through the design, development and implementation of analysis tools for corporate managers, planners, and natural resource managers. We will support the effort to standardize and make more accessible methods for quantifying natural capital so that any individual or organization can engage in natural capital accounting.
Economic & Environmental Research
Backed by strong academic expertise, Economic & Environmental Research is committed to helping businesses identify, value, and manage their impacts and dependencies on Natural Capital.
Dr. Florian Eppink is an environmental economist with over 15 years of research and consultancy experience. Starting off as an interdisciplinary land use modeler, he became involved in The Economics of Ecosystems and Biodiversity (TEEB). He has since completed ecosystem service assessments, valuation studies, cost-effectiveness and cost-benefit analyses, and policy appraisals throughout the world. Florian is centrally located in the United Arab Emirates.
The services that Economic & Environmental Research can provide include:
- Design advice and peer-review of Natural Capital Assessments (Alignment of frame, scope, measure and apply stages; Comparing options; Valuation)
- Life Cycle Analysis (Assessing impacts and dependencies)
- Valuation (Surveys; Mapping; Hedonic pricing; Benefits transfer; Choice experiments)
- Cost-effectiveness and cost-benefit analysis
Economic & Environmental Research can also provide training on valuation techniques and cost-effectiveness/benefit analysis. These trainings will take participants through the required steps, which can be accompanied with real-world exercises and software implementation. The content and scope of the training can be adjusted to client needs.
eftec shares the mission and values of the NCC and wishes to contribute to the organisation’s development, in particular to its technical knowledge base. We have been at the forefront on recent developments in natural capital tools in the UK: we have led work for the Natural Capital Committee on a corporate accounting method, on a risk register for assets in England, and on prioritising investments to protect and improve natural capital.
We have extensive expertise in the environmental economics methods that underpin these tools: undertaking primary studies to value environmental goods and services; applying and interpreting their results, including through value transfer and cost-benefit analysis; and training users of these methods. In June 2016 we announced our first Natural Capital Protocol training course, and are planning to provide further training in the near future – please contact eftec for details.
We wish to support the development of business practices and public policies to manage natural capital sustainably. We aim to do this through increased use of natural capital tools, which can help people to recognise the capacity of the environment to produce goods and services for people, and as a result to better understand the implications of environment change.
Eneco Group is a group of companies operating in the field of sustainable energy and innovation. Together with our customers, partners and our 3,500 employees we strive to achieve our mission: ‘Everyone’s sustainable energy’. Eneco Group invests in wind and solar farms, biomass plants and green district heating with the aim to increase the share of sustainable energy. Furthermore, we develop innovative products and services that enable our customers to be in charge of how they generate, store, use or share energy.
Eneco Group is already actively integrating natural capital within several projects. We namely aim to operate within the boundaries of the planet, as is determined in our One Planet Plan. Concerning natural capital, biodiversity has an important share in our One Planet Plan, because we acknowledge that ecosystems are currently being depleted and more nature is lost than is added. Therefore our ambition is to realize ‘No Net Loss’ of biodiversity or to even create a positive impact.
Our current projects regarding natural capital comprise the evaluation of impact on biodiversity and how to mitigate and compensate the impacts. Herewith we apply the Natural Capital Protocol as guidance for defining scope and measuring impacts.
We hope to contribute to the coalition by sharing our experiences, insights and skills we developed along the way. We believe the integration of natural capital in the energy sector is at its beginning and we are proud to take a leader position here, since we see the necessity to induce a transition towards the integration of natural capital.
Enetjärn Natur is a leading provider of ecosystem valuation services, environmental impact assessments, biodiversity monitoring, biodiversity offsetting, habitat banking and natural capital accounting solutions to the public and private sectors in the Nordics.
The firm have had engagements with large companies, the European Commission, the Swedish government and the Nordic Council of Ministers. These engagements have mainly included strategic work, mapping and valuation of ecosystem services and cost-benefit analyses of projects affecting the environment.
In addition, the firm has held conferences and produced publications on biodiversity offsetting, restoration and habitat banking. The firm has contributed to initiating a governmental investigation for ecosystem services and biodiversity offsetting.
The firm has collaboration with leading global organisations providing natural capital and ecosystem valuation solutions, and with leading universities within ecology and environmental economics.
The firm is currently expanding its solution portfolio related to natural capital, and would like to align its work with the Natural Capital Protocol and support the work of the Natural Capital Coalition.
As the concept of natural capital is not yet well established in the Nordics, the firm’s ambition is to become the leading driver to both build knowledge and develop pragmatic approaches to account for natural capital.
Based on the NCP framework, we will launch a practical tool for True Cost Accounting in the Financial-, Food- and Farming sector (TCA-FFF). In particular, the NCP “Measure and Value” stage will be developed with metrics specific to economic, environmental and social performance of SMEs engaged in finance, food and/or farming. The ultimate objective of the TCA-FFF tool is to overcome perverse incentives in small and medium size food supply chains, in support of ethical enterprises and green financing.
An SME-led TCA-FFF Dashboard to measure and monetize impacts on planet and people. The Dashboard will be based on the Sustainability Flower template developed by the International Association and Partnership for Ecology and Trade which already considers impact assessment of operations on people and planet. KPIs will be designed for the joint purpose of investors, banks, financial auditors, and small and medium-size enterprises in the food- and farming sector.
Key Performance Indicators will be identified for monetizing economic, environmental and social performance, based on international and business-agreed frameworks and methodologies, such as FAO’ Sustainability Assessment for Food and Agriculture systems (SAFA) Guidelines, Natural Capital Coalition, TEEBAgFood and WBCSD. These frameworks will also guide methodological steps, such as the definition of boundaries according to spheres of influence, participatory definition of sector-relevant materialities, relevance and pragmatism following the 20/80 rule, etc.
Following the identification and development of KPIs (especially the social wellbeing KPIs), and selection of key measurement methods, the FCA-FFF Dashboard will be applied by: (i) determining measures for monitoring sustainability performance; (ii) implementing data gathering for KPIs; and (iii) reporting on true costs, according to clients’ reporting aims.