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  • Global pioneers on science of natural capital accounting & business sustainability initiatives – fast track, scale our activities and respond to urgency of challenge
  • Taking natural (Environmental) capital alone there is a strong business case for understanding the true costs of doing business
  • Current Status:Business sector with high env & social impacts – sophisticated understanding of sustainability impacts of their activities organisationally and across their supply chainsTEEB for Business Coalition - adds standardisation and valution to give the true costsCan be used in:- Business applicationsReporting & Disclosure e.g. Corporate reporting & EP&L for uptake by accountancy, financial services sectorConsistency with Policy initiatives at national level to ensure progress can be measured. Coalitions, methods (e.g. LCA, Footprinting etc..) and tools
  • Transcript

    • 1. TEEB FOR BUSINESS COALITIONDR. DOROTHY MAXWELLDIRECTOR & CEOTEEB FOR BUSINESS COALITIONwww.TEEBforbusiness.org
    • 2. 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.
    • 3. Founding supporters .............................
    • 4. 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
    • 5. 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
    • 6. 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
    • 7. Funding &locationsNot for profitGlobalFirst office – Singapore(06 Nov ‘12)Second office – London(Nov ‘12)Regional offices(years 1-3)
    • 8. FURTHER INFORMATIONDR. DOROTHY MAXWELLDIRECTOR & CEOTEEB FOR BUSINESS COALITIONdorothy.maxwell@TEEBforbusiness.orgwww.TEEBforbusiness.org@TEEB4BIZLINKED IN GROUP: TEEB FOR BUSINESS COALITION
    • 9. BUSINESS CASE EXAMPLES Source: TEEB for Business report, 2010
    • 10. BUSINESS CASE EXAMPLES