Episode 31: Valuing Natural Capital – A Discussion with Pavan Sukhdev
Episode 31: Valuing Natural Capital – A Discussion with Pavan Sukhdev
Chief Sustainability Officer
Michael Torrance is Chief Sustainability Officer of BMO Financial Group and is passionate about sustainability, especially as it pertains to corporate governance ...
Michael Torrance is Chief Sustainability Officer of BMO Financial Group and is passionate about sustainability, especially as it pertains to corporate governance ...
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Michael Torrance is joined by Pavan Sukhdev, an internationally recognized authority on the integration of sustainability impact and natural, human and social capital into accounting and disclosure for the private sector. They discuss how natural capital is defined, different disclosure frameworks, and how companies should approach this subject.
In this episode:
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The TEEB (The Economics of Ecosystems and Biodiversity) study and the solutions it proposed
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How to integrate natural, human and social capital externalities when measuring corporate performance
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Defining natural capital
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Unifying a global framework for value based accounting
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