Natural Capital Protocol

The Natural Capital Protocol is a standardized framework that helps companies identify, measure and value their impacts and dependencies on natural capital. It was launched in July 2016.

The Council of the European Union, gathered on 17 October 2016 in Luxembourg under the Slovak Presidency, officially recognised the Natural Capital Protocol in the Outcome of the Council meeting. In its conclusions, the Council “considers that mainstreaming biodiversity provides new opportunities for all economic sectors, including the private sector (…); and calls on the business sector to increase its involvement in and contribution to achieving both the Aichi Biodiversity Targets and the biodiversity-related Sustainable Development Goals, and to analyse and invest in improvements and report on their impacts, actions and investments related to biodiversity and the ecosystem services it provides, sharing experiences and best practices, e.g. in the framework of Business and Biodiversity Platforms as well as other initiatives, such as the Natural Capital Protocol”. 

The Natural Capital Protocol is here.

The Aichi Biodiversity Targets are here.

ISO 14001 Environmental Management Systems Revision 

ISO standards are reviewed every five years. 

“The new 2015 version will include a requirement to understand the organization’s context in order to better manage risk, with more emphasis made on leaders within organizations to promote environmental management. In addition there will be a shift towards improving environmental performance rather than improving the management system.”

Public consultation is underway. This is found here.

COP 19: Corporate Engagement on Climate Policy-Making

Caring for Climate in partnership with World Resources Institute (WRI), the World Wide Fund for Nature (WWF), The Climate Group, Ceres and CDP have come together to conduct a study on the nature and implications of corporate engagement on climate policy-making with a shared objective: to provide companies with practical guidance for engaging constructively in climate change policy debates.

Information about the report is here – it aims to synthesise past research on corporate lobbying and public policy advocacy to define five core elements of responsible engagement:
– Legitimacy
– Opportunity
– Consistency
– Accountability
– Transparency

The report will be released on 14 November, ahead of the Caring for Climate Business Forum 19-20 November in Warsaw, Poland (during the 19th Conference of the Parties to the UNFCCC). This post will be updated then.

UNFAO Voluntary Guidelines on the Responsible Governance of Tenure

The UNFAO Voluntary Guidelines on the Responsible Governance of Tenure of Land, Fisheries and Forests in the Context of National Food Security promote secure tenure rights and equitable access to land, fisheries and forests as a means of eradicating hunger and poverty, supporting sustainable development and enhancing the environment. They were officially endorsed by the Committee on World Food Security on 11 May 2012. Information about these Guidelines is found here.

Information on the progress made with the G8’s initiative – New Alliance for Food Security and Nutrition (NAFSN) is found here. This initiative aims to boost investment in African agriculture so as to increase food security by bringing together governments from both the North and the South, multinational firms and international agencies.

The international NGO Oxfam has published a hard hitting report ‘Nothing sweet about it: how sugar fuels land grabs’. In this, Oxfam asserts “Land grabbing is a bitter secret in the sugar supply chains of some of the world’s biggest food and beverage companies. Poor communities across the globe are in dispute or even being kicked off their land, without consultation or compensation, to make way for huge sugar plantations. When they lose their land they often lose their homes and their main source of food and income.”

Oxfam’s Behind the Brands campaign focuses on 10 major food and beverage companies, including Coca-Cola and PepsiCo.

Coca-Cola’s Sustainable Agricultural Guiding Principles document is here.

PepsiCo’s Global Supplier Code of Conduct is here.

The BrandRepublic news report is here.

The Just-Drinks news report is here.

The Guardian news article is here.