BSI, in its role as the UK National Standards Body, publishes guidance for preparing natural capital accounts. The new British Standard, named BS 8632: Natural Capital Accounting for Organisations – Specification, provides organizations with a deeper understanding of how their operations impact and depend on natural capital assets like geology, soil, water, air and living organisms, to underpin decision making. The standard presents terminology, principles, steps, and outputs for creating a natural capital account to enable a transparent and repeatable practice. This includes the minimum requirements for defining the boundary…
Read MoreFirst standard for natural capital accounting Launched by BSI
