TEEB FOR BUSINESS COALITIONDR. DOROTHY MAXWELLDIRECTOR & CEOTEEB FOR BUSINESS COALITIONwww.TEEBforbusiness.org
What? Multi-stakeholder coalition for developing valuation methods for natural & social capital for use in business Mission Change the rules of the game for business Make natural & social capital impacts economically visible for business risks & opportunities enable better measurement, management, reporting and investment. Shift corporate behaviour to preserve and enhance rather than deplete natural & social capital.
Founding supporters .............................
WHY? Environmental Costs - Top 3000 Listed Corporations US$ 2.1 trillion/year costs of Top 3,000 listed companies US$ 6.6 trillion/year estimated global environmental costs of economic activity (11% of 2008 GDP) 5 sectors account for about 60% of environmental costs Source: Trucost for UNPRI, 2010
Activities Outreach Open source Research (Q1 2013) Status of business activity Values for priority environmental externalities for business Business behaviour change levers Development/pilot testing methods (planning) Priority business sectors & supply chains Cross cutting (financial services) World regions
Policy National Env A/Cs Accountancy Business Beyond GDP Investors Regulators Sustainability Standardise & Impacts Reporting & Value Measurement & Disclosing Impacts ManagementEnvironmental True Economic Framework for allGlobal Warming Potential Costs externalitiesEnergy, Water, Resource usePollution, Waste Environmental Corporate ReportingEcosystem services Social EP&L..…Biodiversity ….SocialLabour, equity
Funding &locationsNot for profitGlobalFirst office – Singapore(06 Nov ‘12)Second office – London(Nov ‘12)Regional offices(years 1-3)
FURTHER INFORMATIONDR. DOROTHY MAXWELLDIRECTOR & CEOTEEB FOR BUSINESS COALITIONdorothy.maxwell@TEEBforbusiness.orgwww.TEEBforbusiness.org@TEEB4BIZLINKED IN GROUP: TEEB FOR BUSINESS COALITION
BUSINESS CASE EXAMPLES Source: TEEB for Business report, 2010