What is Natural Capital?
Natural Capital’ is an economic metaphor for the limited stocks of physical and biological resources found on earth, and of the limited capacity of ecosystems to provide ecosystem services (TEEB,2010).
The Natural Capital Externalities <NCXTM> toolkit has been designed to deliver robust, scalable assessments of company’s environmental impacts (both positive & negative) at all levels – plant locations & product value chain.
What Do We Measure in Natural Capital?
The Natural Capital Externalities
Business who measure their impacts on environment can start to decouple profit maximization from resource use and environmental damage in order to achieve sustainable growth.
Natural Captial Impact Assessment
Social Capital / CSR Impact Assessment (SCXTM) delivers both, economic & qualitative metrics of stakeholder impacts and social return on investment (SROI) analytics for your firm’s CSR investments / unique business model features / company policies.
Our assessments enable sustainability and CSR managers influence strategy and decision-making by converting stakeholder data into economic metrics and SROI analytics & insights.
Key Benefits of Social Capital / CSR Impact Assessment (SCXTM)
✔ Measures Total Economic Value (TEV) of CSR activities / unique business model feature / company policy
✔ Enables year-on-year performance evaluation
✔ Provides benchmarks to compare results
✔ Enables comparison across diverse projects
✔ Enable you to enhance sustainability and CSR strategy by providing metrics to choose the most effective programs
Example: TEV of Beneficiary Impact and
SROI for CSR Investment in Mobile Health Van (2015-2019)
Note: Year-on-year reduction in beneficiary TEV from Mobile Health Van Program is result of decline in the number of patients requiring treatment – indicating improvement in local community health in target region.
Our SDG Mapping exercise provides an “inside-out” review that analyses the environmental, human, social and financial impacts of the Firm’s operations, products, business model and company policies on achievement of SDG Targets. It helps identify and present all significant impacts, both positive or negative, in absolute terms* and against benchmarks** - in order to help prioritization and decision-making.
*Absolute measures may be qualitative, where possible quantitative; and where possible and ethically appropriate, economically valued and monetized
**Evaluation on relative terms will be performed where sectoral benchmarks for relevant sectors are available
Example: Sveaskog’s Contribution towards Sustainable Development Goals (SDGs)
Accessing the Liveability for Employee
What Do We Measure Liveability Index?
Key Benefits of Liveability Index
✔ Benchmarking cities / districts over their performance across key environmental indicators
✔ Estimating vulnerability to employee performance
✔ Prospective planning for future expansion in operations & implications of risk management strategies
Example: Human Health Impacts of Air Pollution
✔ GIST has marginal externality cost of air pollutant at a resolution of 50 x 50 km2 across globe
✔ GIST has processed key environmental parameters (such as wind speed, wind velocity & its direction etc.) for each grid to develop grid specific profiles for pollutant transport
Our Product Impact assessment provides estimates of economic value of upstream (supplier) and downstream (customer) impacts on GHG emissions, water consumption, water & land pollution, waste generation, etc. for products, based on existing product Life Cycle Assessment (LCA) study.
This provides managers with the information required to make key decisions, including:
a) Comparing impacts before and after changes in product design
b) Compare environmental impacts of alternative designs & technology