Business not only impacts on ecosystems and ecosystem
services, but also depends upon them – the loss of
ecosystem services poses business risks, and yet
ecosystem services may also present new business
opportunities. While leading companies acknowledge the
importance of identifying their ecosystem impacts and
dependency, many are still struggling with exactly how to
integrate this information into core operational and
corporate decisions. Economic valuation is one approach
that lends its support to this challenge by quantifying
ecosystem relationships and expressing them in monetary
units that are directly linked to a company’s bottom line.
We have been working with the World Business Council for
Sustainable Development (WBCSD) and Ecosystem
Economics LLC to prepare a fact sheet and catalogue for
the corporate sector on existing ecosystem valuation
initiatives, methods, approaches, techniques, tools and
guidelines, to assess their business applicability, and find
case studies of how businesses have used ecosystem
valuation to assess and improve their performance.
services, but also depends upon them – the loss of
ecosystem services poses business risks, and yet
ecosystem services may also present new business
opportunities. While leading companies acknowledge the
importance of identifying their ecosystem impacts and
dependency, many are still struggling with exactly how to
integrate this information into core operational and
corporate decisions. Economic valuation is one approach
that lends its support to this challenge by quantifying
ecosystem relationships and expressing them in monetary
units that are directly linked to a company’s bottom line.
We have been working with the World Business Council for
Sustainable Development (WBCSD) and Ecosystem
Economics LLC to prepare a fact sheet and catalogue for
the corporate sector on existing ecosystem valuation
initiatives, methods, approaches, techniques, tools and
guidelines, to assess their business applicability, and find
case studies of how businesses have used ecosystem
valuation to assess and improve their performance.
| corporate ecosystem valuation |
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© Environment Management Group 2012
