Environmental Generally Accepted Accounting Principles
The Value Balancing Alliance and the Capitals Coalition have joined forces with the World Business Council for Sustainable Development (WBCSD) to develop a set of environmental generally accepted accounting principles (E-GAAP) to help the private sector shift towards a more sustainable financial and economic system. A common methodology will help mainstream sustainable economic activity in Europe and the rest of the world.
The Transparent Project will develop a standardized natural capital accounting and valuation methodology that businesses can use in their decision-making and external disclosure. the methodology will be based on already accepted frameworks such as the Natural Capital Protocol.
Companies interested to receive updates about the progress of the project can sign up by filling out this online form.