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DR. DOROTHY MAXWELLDIRECTOR & CEOTEEB FOR BUSINESS COALITIONwww.TEEBforbus iness .org
TEEB FOR BUSINESS COALITION
What?
Multi-stakeholder coalition for developing valuation methods for natural & social capital for use in business
Change the rules of the game for business
Make natural & social capital impacts economically visible for business
risks & opportunities enable better measurement, management, reporting and investment.
Shift corporate behaviour to preserve and enhance rather than deplete natural & social capital.
Mission
WHY? Environmental Costs - Top 3000 Listed Corporations
US$ 2.1 trillion/year costs of Top 3,000 listed companies
US$ 6.6 trillion/year estimated global environmental costs of economic activity (11% of 2008 GDP)
5 sectors account for about 60% of environmental costs
Source: Trucost for UNPRI, 2010
Activities
Outreach Open source
Research (Q1 2013) Status of business activity Values for priority environmental externalities for business Business behaviour change levers
Development/pilot testing methods (planning) Priority business sectors & supply chains Cross cutting (financial services) World regions
Sustainability Impacts
Measurement & Management
Reporting &
Disclosing
EnvironmentalGlobal Warming PotentialEnergy, Water, Resource usePollution, WasteEcosystem servicesBiodiversity ….
True Economic Costs
EnvironmentalSocial
Framework for all externalities
Corporate ReportingEP&L..…
SocialLabour, equity
AccountancyInvestorsRegulators
Business
Standardise & Value
Impacts
Policy
National Env A/CsBeyond GDP
Funding & locations
Not for profit
Global
First office – Singapore (06 Nov ‘12)
Second office – London (Nov ‘12)
Regional offices (years 1-3)
DR. DOROTHY MAXWELLDIRECTOR & CEO
TEEB FOR BUSINESS COALITIONdorothy.maxwel l@TEEBforbus iness .orgwww.TEEBforbus iness .org
@TEEB4BIZ LINKED IN GROUP: TEEB FOR BUSINESS COALITION
FURTHER INFORMATION
BUSINESS CASE EXAMPLES
Source: TEEB for Business report, 2010
BUSINESS CASE EXAMPLES