Capitals Coalition
City Government/Municipal Government - London, ENG, UK
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Capitals Coalition Details
The Capitals Coalition is a unique global multi-stakeholder collaboration that brings together leading global initiatives and organizations to harmonize approaches to managing natural, social and human capital. The vision of the Coalition is to achieve a shift in corporate behaviour to preserve and enhance rather than deplete our all forms of capital. To achieve this, the Coalition brings together global stakeholders to study and standardise methods for non-financial accounting to enable its valuation and reporting in business. The Coalition has published 2 international protocols - the Natural Capital Protocol and the Social & Human Capital Protocols - that provide a standardised framework for businesses to identify, measure and value direct and indirect impacts and dependencies on stocks of natural, social and human capital. The Capitals Coalition, formerly TEEB for Business Coalition, started as a project hosted by the ICAEW (Institute of Chartered Accountants in England and Wales) in 2012. In January 2020, the Coalition united the Natural Capital Coalition and the Social & Human Coalition.
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