Measurement & Valuation

To make better decisions, business needs reliable, relevant and fit-for-purpose data on natural, social and human capital alongside financial information.

To accelerate progress on this front, WBCSD led development of the Natural Capital Protocol (2016) – on behalf of the Natural Capital Coalition – as well as the Social and Human Capital Protocol (2017). These Protocols are frameworks for business to measure and value their non-financial impacts and dependencies to help manage risks and leverage opportunities that may not be visible using traditional business processes.

The challenge

As we gain insight into our relationship with natural, social and human capital, we have the opportunity to seize unprecedented benefits, while managing serious risks.

Although many tools exist to shed light on these issues, there is no agreed set of methodologies and datasets to measure and understand natural, social and human capital. Plus, the technical expertise needed to carry out assessments can be a barrier for uptake and implementation.

The business case

We need to bring global efforts together in order to agree upon a set of generally-accepted prescriptive methodologies and datasets that enable consistent and comparable results.

Assessing natural, social and human capital alongside financial capital will provide more meaningful information, and better decisions – for business, society, the environment and - ultimately - investors.

At WBCSD, we aim to increase uptake and implementation of the Protocols to help companies measure and value natural, social and human capital.

The solution

This year, we’re building on our work by focusing on establishing an open multi-stakeholder Social and Human Capital Coalition, and are planning the public consultation on the Social and Human Capital Protocol.

This is all part of our efforts to “cut through” the many tools available in order to encourage convergence and alignment around generally-accepted methodologies and datasets. One way we’re doing this is by joining forces with MIT’s SHIFT platform of tools.

Highlights

Natural capital business examples

Find out how important it is for business to value its relationship with nature with these 43 business examples.

Building on 20 years of experience

Our work builds on 20-years of experience on natural capital, ecosystems and biodiversity. We’re continuing this journey with our members and partners every day. 

Natural Capital Protocol

Align your natural capital assessments with this generally-accepted reference.

Social and Human Capital Protocol

Find out more about assessing social and human capital in business – it’s gaining momentum.

News and Insights

Next Event

WBCSD Council Meeting 2018

22 - 25 October, 2018,
 Singapore

More Events

73rd UN General Assembly

18 September - 5 October, 2018
, New York City, NY

COP24

3 - 14 December, 2018
, Katowice, Poland

Liaison Delegate Meeting 2019

1 - 4 April, 2019
, Montreux, Switzerland

WBCSD Council Meeting 2019

14 - 17 October, 2019
, Lisbon, Portugal
See more

Resources

Contacts

Rodney Irwin

Managing Director, Redefining Value & Education

Eva Zabey

Director, Redefining Value

Matthew Watkins

Associate, Redefining Value