Home » Resource Database Tool The Natural Capital Management Accounting MethodologyVisit website (The Natural Capital Management Accounting Methodology)(This link will take you to an external website) About this Tool (Capitals Coalition, June 2023) The focus of this methodology is to measure and value how business activities affect societies through changes in natural capital and ecosystem services, and how businesses can identify their dependencies on natural capital through ecosystem services (incorporating double materiality logic). To this end, the NCMA methodology focuses on the application of natural capital accounting in a business decision-making context, that is, in a management accounting rather than an external reporting capacity. In doing so, it also aims to improve data quality and robustness for business decision making, noting that these improved data can, in turn, be used for external reporting to stakeholders. Explore it here. Visit website (The Natural Capital Management Accounting Methodology)(This link will take you to an external website) Related resources Natural Capital Toolkit SHIFT (Live) An interactive database that helps business find the right tool to measure and value natural capital as they use the Natural Capital Protocol. Natural Capital Valuation: An Incentive To Protect Nature? S&P (November 2021) TNFD Taskforce member S&P Global finds that natural capital accounting pricing measures could potentially encourage more forest-friendly farming practices and help tackle global deforestation, a major issue in the fight against climate change. Leveraging natural capital accounting to support businesses with nature-related risk assessments and disclosures The Royal Society | April 2024 Nature loss threatens businesses, the global economy and financial stability. Understanding and addressing these risks for business will require credible measurement approaches and data. This paper explores how natural capital accounting (NCA) can...