An invitation to pilot test

The Finance Sector Supplement to the Natural Capital Protocol is being developed through an open, collaborative process; an essential part of this is the piloting and consultation phase. The Natural Capital Coalition is therefore inviting finance institutions across the board to pilot and test the draft Supplement, and offer their insight into the development process.

Objectives of the pilot process

The pilot process is designed for finance institutions to contribute to the development of the Supplement. To share their experience and knowledge, and to help make the supplement robust, practical and relevant.
The objectives of the pilot are:

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  •To gather input and insights to develop a Supplement that is fit for purpose;
• •To create a natural capital community of practice that can endorse and apply the Supplement;
• •To collect a library of natural capital applications that express the benefits of natural capital thinking in the finance sector.
• •What are the benefits of piloting?

Piloting offers the opportunity to:

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  •Directly inform and influence the development of the Finance Sector Supplement;
• •Gain insights into natural capital measurement and valuation, to help advance decision-making within your financial institution;
• •Become part of a growing community of practice on natural capital;
• •Position your institution as a leader in this area and of integrated decision-making;
• •Support and opportunities to promote and share your achievements;
• •Access to a limited number of webinars, offered to help you understand the process for piloting.
• •Piloting Options

The Natural Capital Coalition welcomes all levels of interest in piloting; including:

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  1. Full Implementation
  Designed for finance institutions who wish to gain a comprehensive picture of natural capital within their decision making, and to explore the process from start to finish.
  2. Partial Implementation (Specific Stages / Steps)
  Designed for finance institutions with limited capacity, but who would still like to gain an introduction to what their natural capital risks and opportunities might be.
  3. Retrofit existing practices against the Supplement framework
  Designed for financial institutions who have well established existing practices in place for managing environmental, social and governance risk and instead of a full or partial implementation, would like to see how their existing approach compares to capital thinking.

Requirements
 
Piloting is open to any finance institution who is willing to contribute feedback and comments on the draft supplement via the Collaborase online platform.
Note: Interest must be registered directly by the finance institution that intends to undertake the pilot, and not indirectly by consultants and advisors. However, consultants and advisors can be named as contacts following the expression of interest.
 
furhter information:
http://naturalcapitalcoalition.org/finance-sector-supplement-to-the-natural-capital-protocol-an-invitation-to-pilot-test/