Developing corporate natural capital accounts: guidelines
This framework help businesses understand the value of their natural assets like timber and fish stocks. It’s known as corporate natural capital accounting (CNCA). The framework was developed by the Natural Capital Committee (NCC), working with eftec, RSPB and PwC.
Over the course of 2014 this framework was piloted with four major landowners:
- National Trust
- Lafarge Tarmac
- The Crown Estate
- United Utilities
The guidelines contain practical steps for organisations seeking to undertake their own accounts.