The days of measuring business success through financial metrics alone are over. Our vision is that by 2050, all companies will measure, value and report their true value, true costs and true profits.
To do this, companies need to go beyond just accounting for financial capital. They need to take an integrated approach, via a better understanding of how to incorporate and account for their natural and social capital as well.
We’re developing innovative frameworks and resources to advance non-financial capital measurement, valuation and reporting. Our work helps companies improve their decision-making, and produce more effective and meaningful external reporting and disclosure.
Natural Capital Protocol
The Natural Capital Protocol is a standardised framework to identify, measure, and value impacts and dependencies on natural capital. It focuses on supporting and improving internal decision making by including how we interact with natural capital.
The Protocol helps companies generate natural capital information that can be integrated into existing business processes. While the Protocol is not a formal reporting framework, companies may choose to report their assessment findings and are encouraged to use it as a means to demonstrate risks, opportunity and value creation to stakeholders.
To bring value to businesses with all levels of experience relating to natural capital, the Protocol offers both a generally accepted and accessible process for conducting a natural capital assessment as well as a standardised framework to advance assessments and embed these into everyday decisions.
More about the Natural Capital Coalition Here
Greenhouse Gas Protocol
The Greenhouse Gas (GHG) Protocol, developed by World Resources Institute (WRI) and World Business Council on Sustainable Development (WBCSD), sets the global standard for how to measure, manage, and report greenhouse gas emissions.
It is the world’s most widely used standard with thousands of companies using it to manage emissions and to become more efficient, resilient, and prosperous. Leading Singapore companies already use the GHG protocol.
The Reporting Exchange is a comprehensive source of information on sustainability reporting requirements and resources from 60 countries. It is to be used by people involved in preparing and delivering corporate sustainability, annual or integrated reports to help them navigate the often confusing world of corporate reporting.
It includes information on environmental, social and governance (ESG) reporting requirements. You will find everything from mandatory regulation to supporting guidance, voluntary standards and stock exchange listing requirements.
NEW REPORT on ESG in Singapore and Southeast Asia
In this report, we look at the latest ESG reporting developments in Singapore, including perspectives on the future of ESG disclosures from the Singapore Exchange and WBCSD Member, Olam International. We provide a comparison with other countries in Southeast Asia – including Vietnam, Malaysia, Thailand, Taiwan, Indonesia and the Philippines – along with thoughts from our Global Network Partners on the challenges and opportunities around ESG disclosure in the region.