Archives: 2016

Accounting for nature: Puma

In 2011, Puma established the first ever corporate Environmental Profit and Loss (EP&L) account to measure the value of nature to its business, and understand the true costs of its impacts on nature by placing a monetary value on them.                   Material business benefits: The EP&L project won

Biodiversity on site: Nestle UK and Ireland

Nestle engaged local schools and employees and partnered with environmental NGOs to implement its wildflower planting project.   A direct link to the product: As a food producer, Nestle UK and Ireland understands its responsibility to develop its business in a way that promotes natural capital and in particular biodiversity. To this end, the company is

Developing a biodiversity policy: Iberdrola

Iberdrola has a strong biodiversity policy that puts the biodiversity mitigation hierarchy at the heart of its business strategy. The policy was introduced in 2007 and last amended in 2015.           Material business benefits: The major business benefits are around reputation and engagement with stakeholders, communities and employees. A direct link to impacts: A direct link to

Funding biodiversity restoration: Diageo Scotland

Diageo Scotland supported biodiversity in the ‘heartland of Scotch whisky’ by making a financial donation to help restore a river catchment. Material business benefits: Diageo boosted brand image and improved relationships with regulators and NGOs by taking action to fund a public/private partnership tasked with enhancing the Spey river catchment in Scotland. A direct link to the