Accounting for natural capital in the value chain - CGMA
Skip to main content
Powered By AICPA CIMA AICPA CIMA
 
 

Accounting for natural capital in the value chain 

July 15 2014
Find out how to implement natural capital accounting with five practical recommendations for CGMAs.

The one element on which the entire value chain depends and impacts is natural capital. Natural capital – forests, rivers, minerals, oceans, air, land – provides essential services to business, economies and society. Natural capital underpins all other forms of capital, including financial. Despite this, natural resources are being depleted at an alarming rate, presenting new risks such as price volatility, as well as potential commercial opportunities.

This briefing explores the risks and opportunities from natural capital depletion and how businesses are accounting for nature to improve decisions in their value chain. It also explores the role of accountants in supporting the adoption of natural capital accounting.

Accounting for nature can help improve decision making in the extended value chain.

Download

Interested in supply chain? You may also like....
Explore more management accounting topics.



Be the first to leave a comment.


 
You must be a CGMA Designation Holder to comment
Login now

Stay connected with CGMA

  • Facebook
  • twitter
  • linkedin
  • Google plus
  • You tube