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6. Our Planet Under Pressure: How applying the Natural Capital Protocol can support more sustainable business

Summary

The policy drivers for land and business management within Scotland are changing. The Natural Capital Protocol aims to support better decisions by focusing on how businesses interact with nature, helping businesses measure, value and integrate natural capital into business processes. This session will examine the results of a project to explore the degree to which the Protocol is applicable and useful to land-based businesses in Scotland, with a focus on the outcomes of the trial, the Protocol’s applicability in developing better understanding about natural capital, and its usefulness in influencing decision-making.

 By the end of this session, delegates will : 
  • Understand what is meant by the term Natural Capital
  • Have an appreciation of the Natural Capital Protocol and how this can be used as a business tool to support more sustainable decision-making
  • Have an appreciation of the work going on within the Scottish public and private sectors to promote Natural Capital thinking in policy and in business development and management   

Andrew Wells

Andrew Wells is the Head of Property for Crown Estate Scotland, based in Edinburgh. He oversees the management of the Crown’s rural and coastal property portfolio in Scotland.Andrew’s work directly contributed to The Crown Estate’s success in winning several major awards in recognition for work, at a Scottish, UK and European level. Andrew has been closely involved in rural land management, education, rural development and conservation throughout his career.

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Gain insight into the range of techniques that can be used for assessing the potential impact of proposals and development plans.

Next

An introduction to the concept of natural capital, approaches to the valuation of natural capital at a landscape level, and the role accounting for natural capital can play in policy and decision making.

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