Cev workshop jan 12 wbcsd slides
- 1. Ecosystems & Business Increasing chances of a successful marriage Eva Zabey, WBCSD 23 Feb 2012, BCSD-UK CEV Workshop
- 2. Contents About WBCSD & Regional Network Speaking same language – key concepts Ecosystem tools for business Focus on CEV Brief overview of methodology Next steps Broader eco valuation landscape 2
- 3. WBCSD members 3 3
- 4. Regional Network NHO Business RBF (Poland) (Norway) Europe Danish respACT Excel Partnership BCSD econsense BCSD BCSD Austria (Canada) United Kingdom (Germany) Korea Vernadsky BCSD EpE Czech BCSD Foundation (France) Centre for (Russia) BCSD Nippon United States FFA CSR Dev. CGLI BCSD Mongolia Keidanren BCSD (Spain) (Ukraine) (Canada/USA) BCSD Kazakhstan (Japan) FE Hungary CII BCSD Spain BCSD (India) BCSD Mexico BCSD Turkey BCSD CentraRSE China Portugal SEV-BCSD Maala Taiwan Guatemala BCSD BCSD BCSD Greece Israel BCSD El Salvador Croatia APEQUE BEC Honduras AEEC BCSD (Algeria) (Egypt) BCSD (Hong Kong) uniRSE SumaRSE (Panama) Vietnam UAE (Nicaragua) Curaçao BCSD Indonesia BCSD AED BCSD BCSD (Costa Rica) Zimbabwe Pakistan TERI PBE BCSD Bolivia BCSD India BCSR (Philippines) BCSD Colombia BCSD Malaysia BCSD Sri Lanka Ecuador BCSD Brazil BCSD Thailand BCA (Australia) Peru BCSD FEMA 2021 Paraguay BCSD Mozambique New DERES Zealand Acción RSE NBI (Uruguay) BCSD (Chile) BCSD (South Africa) Argentina 4
- 5. Ecosystems, ecosystem services & biodiversity stores carbon provides wood controls erosion cleans water Biodiversity 5
- 6. Types of ecosystem services Provisioning Regulating Cultural Goods or products produced Natural processes regulated by Non-material benefits obtained by ecosystems ecosystems from ecosystems Supporting Functions that maintain all other services 6
- 7. Impact & dependence Business impacts on ecosystems and ecosystem services Ecosystem change creates business risks and opportunities Business depends on ecosystems and ecosystem services 7
- 8. How can business respond to their ecosystem-related issues? 1. Measure, manage and mitigate risks and impacts 2. Improve decision-making by undertaking corporate ecosystem valuation to quantify business risks and opportunities 3. Innovate and help develop new markets for ecosystem services and eco-efficient goods, services & technologies 4. Encourage suppliers & purchasers to adopt best practices 5. Enter into local partnerships to address on-the-ground issues 6. Promote “smart” ecosystem regulation that leverages market forces and business solutions that halt degradation and “levels the playing field” for all 8
- 9. Relevant tools of interest – examples Ecosystem Services Review (ESR): helps manage dependence and impact on ecosystems (v.2 launch 8 Feb) Guide to Corporate Ecosystem Valuation (CEV): framework for improving decision-making by valuing ecosystem service related risks & oppies Business Ecosystems Training (BET): modular capacity building program for business (launch 24 Feb) Eco4Biz mapping / “guide”: overview of ecosystem-related tools & approaches used by business (to be developed in 2012) 9
- 10. Corporate Ecosystem Services Review (ESR) Helps identify & manage risks and opportunities arising from dependence and impact on ecosystems WRI/ WBCSD/ Meridian Institute Approx. 300 cies using tool since March ‘08 launch 6 languages Version 2 to be launched 8 Feb 10
- 11. Guide to Corporate Ecosystem Valuation (CEV) What the Guide is A framework for improving corporate decision- making by valuing ecosystem services A set of resources to navigate through related jargon and techniques What the Guide is not X A price list of biodiversity & ecosystem services X A calculator to “crunch numbers” X A stand-alone methodology 11
- 12. Partners and Road Testers Partners Road Testers 12
- 13. How CEV helps improve decision-making and… Save costs e.g. cheaper & more effective waste management options (DuPont) Reduce taxes e.g. gain deductions in Federal taxes (Alleghny Power) Get new revenue streams e.g. implement a fee-to-access program for recreational users of unused lands (Potlatch Corp) Assess liability & compensation risks e.g. calculate oil spill natural resource damages to be used in courts of law (ExxonMobil) and more… 13
- 14. Do you need to conduct a CEV at all? Before using CEV, ask yourself: Are your impacts & dependencies on ecosystem services significant or material (e.g. Corporate Ecosystem Services Review)? Do you need CEV to make a decision? Is there a mandatory requirement? 14
- 15. 5 stages to undertake a CEV exercise Preparation Valuation Post valuation 1) 2) 3) 4) 5) Scoping Planning Valuation Application Embedding define develop actual use & embed the scope for suitable plan valuation: communicate CEV valuation to undertake may be valuation approach exercise, valuation qualitative, results to within using effectively quantitative influence company checklist of and/or internal & processes & questions monetary external procedures decision- making 15
- 16. Hierarchy of valuation approaches Monetary values not Monetary always available or required Quantitative Qualitative Source: P. ten Brink as cited in TEEB – an interim report (2008) 16
- 17. Resources available on wbcsd.org/web/cev.htm Reports & guide Additional resource notes PPT packs •Concepts FAQ •Selection & Road tester application of summaries techniques 17
- 18. Messages Business depends and impacts on biodiversity & ecosystem services CEV can help business manage risk and consider new business opportunities Valuing these impacts and dependencies helps business make better decisions Ecosystem valuation will increasingly be considered by governments, finance sector and business-to-business customers CEV process is complementary to other business tools (e.g. ESIAs, LCAs) 18
- 19. Next steps Promote uptake, incl. simpler communication Help users, incl. Business Ecosystems Training (BET) module 3 is on valuation Focus on true value of water Link with other tools using Eco4Biz “guide” – valuation is not best approach in all cases Strive to remain leading & progressive biz voice, but give companies a chance to grasp these new concepts! 19
- 20. Ecosystem valuation landscape – getting busy Financial Times 22 March 2011 20
- 21. Other players / initiatives The Economics of Ecosystems and Biodiversity (TEEB) WBCSD is “operationalizing” TEEB at the company level WBCSD was editor of chapters 2 and 4 in TEEB for Business (D3) WBCSD will be involved in TEEB for Business Coalition – 1st meeting 27 Feb in London, hosted by ICAEW Valuing Nature Network http://www.valuing-nature.net/ 21
- 22. My favorite sentence in the Guide to CEV… “We see the value of ecosystem valuation.” 22