eftec

📣 𝗨𝗽 𝘁𝗼 £𝟮𝟲 𝗕𝗶𝗹𝗹𝗶𝗼𝗻: the annual value of non-financial reporting (NFR) to UK #investors 📈 It is assumed that the increased use of non-financial reporting (e.g. #CSRD, #ISSB and #TNFD) is valuable for #investment decisions: our study for the Department for Business and Trade is one of the first to quantify this value, finding: ✅ Investors are using NFR for #decisionmaking ✅ The benefits of NFR are valued between £11 and £26 billion per year to UK investors ✅ Improving assurance and comparability of information could increase this value further by £6.6 to £16 billion per year ✅ The costs of producing this information are a fraction of the benefit: just £140 - £230 million per year For a breakdown of this study, PLUS how you can comment in the consultation for ISO - International Organization for Standardization's new standard on #naturalcapitalaccounting (ISO 14054), and our festive message, read our latest newsletter at the link! https://lnkd.in/d4BeqXHc Taskforce on Nature-related Financial Disclosures (TNFD), CSRD Institute, International Sustainability Standards Board (ISSB), BSI, Little Blue Research #investment #reporting #disclosure #naturalcapital

📣 The consultation for ISO 14054 - the new draft international standard for #NaturalCapitalAccounting for Organisations - is now open! In this new video series with Dr Stephanie Hime of Little Blue Research and eftec CEO Ece Ozdemiroglu, we dive into the why, what, and how of natural capital accounting and the new ISO standard. The first video, below, shows you how you can get involved with the consultation ✅ Useful links If you're in the UK, comment on the BSI website here: https://lnkd.in/eNeWsw_5 Or find your country's standards organisation here: https://lnkd.in/gNmzB3um Watch the UKNEE webinar explaining the standard & consultation here: https://lnkd.in/eunCh9HD #ISO #NCA #Nature #NaturalCapitaAccounting

Pleased to have contributed to this work, led by JNCC, in which we helped outline the economic evidence to support achieving Good Environmental Status (GES) in UK #marine environments Check out the full body of work below + our contribution (chapter 3.2) outlining the socio-economic outcomes of GES using non-market valuation:

📣 UKNEE launches early bird tickets for #envecon 2025! Join us next march 14th at The Royal Society for this calendar highlight in #environmental #economics: Get up to speed with the latest research and language in #sustainability and meet your next client, supplier, policymakers, stakeholders, competition, employer, employee, or campaign supporter all in one (very nice) room. Discounted early bird prices available while stocks last: https://lnkd.in/enFjQRMH European Association of Environmental and Resource Economists (EAERE), University of Exeter, Dragon Capital, Ecosystems Knowledge Network, CIWEM (The Chartered Institution of Water and Environmental Management), Aldersgate Group, Capitals Coalition, UK Centre for Ecology & Hydrology (UKCEH), Ben Groom, Bateman Ian, Dr. Eugenie Dugoua, Marion Dumas, Mike Christie

We must stop seeing nature only as a risk and see it for what it is: an asset. Watch eftec CEO, Ece Ozdemiroglu, make the case for the natural capital approach. Thanks to CIWEM (The Chartered Institution of Water and Environmental Management) and Content With Purpose for producing this excellent video series: The Ripple Effect.

🌳 New ISO Natural Capital Accounting standard (ISO 14054) under development! Natural capital accounting is a systematic way of collating financial, socio-economic and environmental information about an organization’s impacts and dependencies on nature and presenting it in formats that are familiar to decision makers. Join Vanessa McCorquodale, Ece Ozdemiroglu, and Dr Stephanie Hime as they discuss the new ISO 14054 standard under development and the principles of natural capital accounting. #NaturalCapital #EMS #ClimateAction

🎉 Congratulations to Forestry England for announcing their adoption of Taskforce on Nature-related Financial Disclosures (TNFD) 🎉Also to Manulife Investment Management and ARAUCO for their participation at #COP16 All eftec clients, our work together continues to demonstrate that #naturalcapitalaccounting is a key step on an organisation's #sustainability and #disclosure journey. PLUS: ❓ Did you know #naturalcapital 𝐬𝐮𝐩𝐩𝐨𝐫𝐭𝐬 𝟏𝟒% 𝐨𝐟 𝐒𝐜𝐨𝐭𝐥𝐚𝐧𝐝'𝐬 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐨𝐮𝐭𝐩𝐮𝐭? See how in our recent report with WSP in the UK for the The Scottish Government: Read our November newsletter for more 👇 https://lnkd.in/eMHM8x7R

📣 This just in: in the deadline for #envecon has been extended to the end of the day, Sunday, December 1st! Submit your short abstracts or posters at the link below for a chance to present your work at the stunning venue, The Royal Society, in London next march 👇

Get ahead on your knowledge of the upcoming international standard for Natural Capital Accounting for Organisations: ISO 14054 Join this event with eftec CEO, Ece Ozdemiroglu, on November 27! 👇

❓ Do you want to share your work at a leading UK conference❓ ⏰ One week to go to submit your #papers and #posters to present your work at #envecon 2025! envecon, run by the UK Network for Environmental Economists, is the UK's premier applied #environmental #economics conference. Held annually at The Royal Society in London, envecon brings a large delegation of business and policy professionals together with researchers showcasing cutting-edge research utilising environmental economics. For more information and to submit your work before EOD Sunday, November 17, go here: https://lnkd.in/eE8y7JAK