Natural capital is the stock of renewable and non-renewable resources that yields a flow of benefits to people. Natural capital includes clean air, water, energy, food and raw materials, among others.
Business impacts and depends on natural capital. These impacts and dependencies carry costs and benefits for not only the business but also society. Each business has its own risks and opportunities based on these costs and benefits.
For business to make better decisions for its social and environmental bottom line – it needs better information about its environmental and social risks and opportunities. As resource scarcity pressures increase, land use increasingly comes under the spotlight, and as climate change threatens global societies and economies, the case for businesses to account for natural capital impacts and dependencies becomes more critical.