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Tim Polaszek
and
Martine van Weelden
The aim of the course is to introduce businesses employees to the Capitals Approach and help them to get started with integrating natural, social and human capitals into business decision-making. This course is an introductory course; no prior knowledge of natural, human or social capital is needed.
Read more
The aim of the course is to introduce businesses employees to the Capitals Approach and help them to get started with integrating natural, social and human capitals into business decision-making. This course is an introductory course; no prior knowledge of natural, human or social capital is needed.
Read more
The aim of the course is to introduce businesses employees to the Capitals Approach and help them to get started with integrating natural, social and human capitals into business decision-making. This course is an introductory course; no prior knowledge of natural, human or social capital is needed.
The course provides a comprehensive introduction to the capitals approach and to undertaking a natural capital assessment, and is available for all employees and leaders, sustainability practitioners, procurement officers, accountants, human resources, auditing, strategy, risk management and finance departments. The material is covered in good depth and will require time and commitment to learning. Due to its comprehensive character, the course may be less suited to C-level management.
The course consists of four modules and its structure follows the internationally recognized Natural Capital Protocol and Social and Human Capital Protocols. The course features many business examples to demonstrate why and how other businesses have integrated natural, social & human capital impacts and dependencies into their decision-making and management practices.
The first two modules guide learners through risks and opportunities related to nature, people and society; introduce the concept of a Capitals Approach and present the business case for undertaking an integrated capitals assessment. The third and fourth modules focus specifically on natural capital and how to get started with a natural capital assessment. These modules guide learners along the scoping stage and introduce students to measuring and valuing natural capital.
By the end of the course, participants are expected to have learned about the different capitals, why it is essential to embed them into business decision-making, and how to get started with a capitals assessment. Future course specializations will build upon this introductory course, by providing additional content on social and human capital and allowing the learner to go more in depth with the content and application.
This course has been developed by the Capitals Coalition, supported by We Value Nature, a collaboration between ICAEW, WBCSD, IUCN & Oppla, with the support of Nature^Squared.
Register for this course and see more details by visiting:
OpenCourser.com/course/bo26vn/valuing
What's inside
Syllabus
The Role of Businesses in Addressing the Great Challenges of Nature Loss, Climate Change and Inequality
Better Managing Risks and Opportunities by Adopting a Capitals Approach
Read more
Syllabus
The Role of Businesses in Addressing the Great Challenges of Nature Loss, Climate Change and Inequality
Better Managing Risks and Opportunities by Adopting a Capitals Approach
Read more
Getting Started with a Natural Capital Assessment: Defining the Objective and Determining the Appropriate Scope
Measuring and Valuing Impacts and Dependencies to Integrate Natural Capital in Decision-Making
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Appealing to those with a stake in corporate sustainability
Relevant to departments such as sustainability, procurement, accounting, and risk management
Ideal for professionals looking to gain a comprehensive understanding of the Capitals Approach
Useful for individuals interested in integrating natural, social, and human capitals into business decision-making
May be less suitable for C-level management due to its detailed nature
No prior knowledge of natural, human, or social capital is assumed
Save this course
Save Valuing nature and people to inform business decision-making to your list so you can find it easily later:
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Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in Valuing nature and people to inform business decision-making with these
activities:
Review basic accounting principles and concepts
Show steps
Brushing up on accounting principles will provide a strong foundation for understanding natural capital accounting.
Browse courses on
Accounting Principles
Show steps
-
Review textbooks or online resources
-
Solve practice problems and exercises
Volunteer with an organization focused on sustainability or social impact
Show steps
Volunteering will provide practical experience in applying sustainability principles and fostering social responsibility.
Show steps
-
Identify relevant organizations
-
Inquire about volunteer opportunities
-
Attend volunteer events and participate in activities
Review key concepts related to business decision-making
Show steps
Reviewing key concepts in business decision-making will provide a strong foundation for understanding the Capitals Approach and its application in business contexts.
Browse courses on
Business Decision-Making
Show steps
-
Discuss key concepts with peers or mentors
-
Read articles and books on business decision-making frameworks
-
Summarize key concepts and theories related to decision-making
Eight other activities
Expand to see all activities and additional details
Show all 11 activities
Review 'Natural Capitalism: Creating the Next Industrial Revolution' by Paul Hawken
Show steps
Reading 'Natural Capitalism' will provide insights into successful business strategies that prioritize environmental and social sustainability.
View
Natural Capitalism
on Amazon
Show steps
-
Read the book thoroughly
-
Summarize key concepts and case studies
-
Reflect on the implications for business decision-making
Attend a workshop on natural capital accounting or valuation
Show steps
Attending a workshop will provide in-depth training on specific aspects of the Capitals Approach, such as natural capital accounting and valuation.
Show steps
-
Identify relevant workshops
-
Register and attend the workshop
-
Participate actively in discussions and exercises
Identify and analyze business cases using the Capitals Approach
Show steps
Practicing the application of the Capitals Approach in business case analysis will enhance understanding of its practical implementation and benefits.
Browse courses on
Capitals Approach
Show steps
-
Select real-world business cases
-
Identify and analyze natural, social, and human capital impacts
-
Evaluate the implications of the analysis on business decisions
Attend industry conferences or workshops on sustainability
Show steps
Attending industry events will provide opportunities to connect with professionals in the field and gain insights into real-world applications of the Capitals Approach.
Show steps
-
Identify relevant industry events
-
Attend sessions and engage in discussions
-
Network with other attendees
Explore Case Studies of Capitals Assessment
Show steps
Gain practical insights into the application of the Capitals Approach by reviewing real-world case studies of businesses that have successfully integrated natural, social, and human capital into their decision-making.
Browse courses on
Natural Capital Assessment
Show steps
-
Search for case studies related to capitals assessment.
-
Read and analyze the case studies.
-
Identify key learnings and best practices.
Develop a presentation or infographic on the Capitals Approach
Show steps
Creating a presentation or infographic will enhance understanding of the Capitals Approach and its key concepts, while also developing communication and outreach skills.
Browse courses on
Capitals Approach
Show steps
-
Gather information and research the topic
-
Develop a clear and concise message
-
Design and create the presentation or infographic
-
Share the presentation or infographic with others
Develop a Capitals Assessment Plan
Show steps
Deepen your understanding of natural capital assessment by creating a comprehensive plan for conducting an assessment within a specific business context.
Browse courses on
Natural Capital Assessment
Show steps
-
Identify the objectives of the capitals assessment.
-
Determine the scope of the assessment.
-
Develop a data collection strategy.
-
Create a plan for measuring and valuing natural capital.
Develop a natural capital assessment plan
Show steps
Creating a natural capital assessment plan will provide hands-on experience in applying the course concepts to a practical business scenario.
Browse courses on
Natural Capital Assessment
Show steps
-
Define the scope and objectives of the assessment
-
Identify relevant natural capital assets and impacts
-
Develop a data collection and analysis strategy
-
Outline reporting and communication methods
Review basic accounting principles and concepts
Show steps
Brushing up on accounting principles will provide a strong foundation for understanding natural capital accounting.
Browse courses on
Accounting Principles
Show steps
Show steps
Show steps
- Review textbooks or online resources
- Solve practice problems and exercises
Volunteer with an organization focused on sustainability or social impact
Show steps
Volunteering will provide practical experience in applying sustainability principles and fostering social responsibility.
Show steps
Show steps
Show steps
- Identify relevant organizations
- Inquire about volunteer opportunities
- Attend volunteer events and participate in activities
Review key concepts related to business decision-making
Show steps
Reviewing key concepts in business decision-making will provide a strong foundation for understanding the Capitals Approach and its application in business contexts.
Browse courses on
Business Decision-Making
Show steps
Show steps
Show steps
- Discuss key concepts with peers or mentors
- Read articles and books on business decision-making frameworks
- Summarize key concepts and theories related to decision-making
Eight other activities
Expand to see all activities and additional details
Show all 11 activities
Review 'Natural Capitalism: Creating the Next Industrial Revolution' by Paul Hawken
Show steps
Reading 'Natural Capitalism' will provide insights into successful business strategies that prioritize environmental and social sustainability.
View
Natural Capitalism
on Amazon
Show steps
Show steps
Show steps
- Read the book thoroughly
- Summarize key concepts and case studies
- Reflect on the implications for business decision-making
Attend a workshop on natural capital accounting or valuation
Show steps
Attending a workshop will provide in-depth training on specific aspects of the Capitals Approach, such as natural capital accounting and valuation.
Show steps
Show steps
Show steps
- Identify relevant workshops
- Register and attend the workshop
- Participate actively in discussions and exercises
Identify and analyze business cases using the Capitals Approach
Show steps
Practicing the application of the Capitals Approach in business case analysis will enhance understanding of its practical implementation and benefits.
Browse courses on
Capitals Approach
Show steps
Show steps
Show steps
- Select real-world business cases
- Identify and analyze natural, social, and human capital impacts
- Evaluate the implications of the analysis on business decisions
Attend industry conferences or workshops on sustainability
Show steps
Attending industry events will provide opportunities to connect with professionals in the field and gain insights into real-world applications of the Capitals Approach.
Show steps
Show steps
Show steps
- Identify relevant industry events
- Attend sessions and engage in discussions
- Network with other attendees
Explore Case Studies of Capitals Assessment
Show steps
Gain practical insights into the application of the Capitals Approach by reviewing real-world case studies of businesses that have successfully integrated natural, social, and human capital into their decision-making.
Browse courses on
Natural Capital Assessment
Show steps
Show steps
Show steps
- Search for case studies related to capitals assessment.
- Read and analyze the case studies.
- Identify key learnings and best practices.
Develop a presentation or infographic on the Capitals Approach
Show steps
Creating a presentation or infographic will enhance understanding of the Capitals Approach and its key concepts, while also developing communication and outreach skills.
Browse courses on
Capitals Approach
Show steps
Show steps
Show steps
- Gather information and research the topic
- Develop a clear and concise message
- Design and create the presentation or infographic
- Share the presentation or infographic with others
Develop a Capitals Assessment Plan
Show steps
Deepen your understanding of natural capital assessment by creating a comprehensive plan for conducting an assessment within a specific business context.
Browse courses on
Natural Capital Assessment
Show steps
Show steps
Show steps
- Identify the objectives of the capitals assessment.
- Determine the scope of the assessment.
- Develop a data collection strategy.
- Create a plan for measuring and valuing natural capital.
Develop a natural capital assessment plan
Show steps
Creating a natural capital assessment plan will provide hands-on experience in applying the course concepts to a practical business scenario.
Browse courses on
Natural Capital Assessment
Show steps
Show steps
Show steps
- Define the scope and objectives of the assessment
- Identify relevant natural capital assets and impacts
- Develop a data collection and analysis strategy
- Outline reporting and communication methods
Career center
Learners who complete Valuing nature and people to inform business decision-making will develop knowledge and skills
that may be useful to these careers:
Environmental Consultant
Environmental Consultant
This Capitals Coalition course may be useful for Environmental Consultants as it provides a comprehensive introduction to natural capital assessment, which is a valuable tool for environmental consulting. By understanding the risks and opportunities associated with nature, people, and society, Environmental Consultants can provide more informed advice to their clients.
ESG Analyst
ESG Analyst
ESG Analysts may find the Capitals Coalition's course helpful as it provides a framework for understanding and measuring the social and environmental impacts of business activities. This knowledge can help ESG Analysts to better evaluate the sustainability performance of companies and make more informed investment decisions.
Sustainability Manager
Sustainability Manager
The Capitals Coalition's course on Valuing nature and people to inform business decision-making can help a Sustainability Manager integrate natural, social, and human capital into their decision-making process. This will enable them to build a strong foundation for their business's sustainability strategy and make more informed and sustainable decisions.
Sustainability Analyst
Sustainability Analyst
For Sustainability Analysts, the course on Valuing nature and people to inform business decision-making may be beneficial as it provides a comprehensive introduction to natural capital assessment, which is a key tool for sustainability analysis. This knowledge can help Sustainability Analysts to better understand the environmental and social impacts of business activities and make more informed recommendations.
Sustainability Reporting Manager
Sustainability Reporting Manager
The Capitals Coalition course on Valuing nature and people to inform business decision-making may be useful for Sustainability Reporting Managers as it provides guidance on how to measure and value social and environmental impacts. This knowledge can help Sustainability Reporting Managers to produce more comprehensive and accurate sustainability reports.
Corporate Social Responsibility Manager
Corporate Social Responsibility Manager
Corporate Social Responsibility Managers will find the Capitals Coalition's course on natural capital assessment particularly relevant to their role as it introduces a framework for understanding and measuring the social and environmental impacts of business activities. This knowledge can help CSR Managers to develop and implement more effective sustainability strategies.
ESG Investment Analyst
ESG Investment Analyst
For ESG Investment Analysts, the Capitals Coalition's course may be useful as it provides a framework for understanding and measuring the social and environmental impacts of business activities. This knowledge can help ESG Investment Analysts to better evaluate the sustainability performance of companies and make more informed investment decisions.
Sustainability Consultant
Sustainability Consultant
Sustainability Consultants who specialize in natural capital accounting may find this course particularly useful as it provides a comprehensive introduction to the Capitals Approach and natural capital assessment. This knowledge can help Sustainability Consultants to provide more informed advice to their clients and to develop more effective sustainability strategies.
Natural Resource Manager
Natural Resource Manager
For Natural Resource Managers who are interested in integrating natural capital assessment into their work, this Capitals Coalition course may be useful. The course provides a comprehensive introduction to the Capitals Approach and to undertaking a natural capital assessment, which can help Natural Resource Managers to better understand the value of natural resources and to make more informed management decisions.
Environmental Scientist
Environmental Scientist
Environmental Scientists who work in the area of natural capital assessment may find this course useful as it provides a comprehensive introduction to the topic. The course can help Environmental Scientists to develop a stronger understanding of the Capitals Approach and to better integrate natural capital considerations into their work.
Policy Analyst
Policy Analyst
Policy Analysts who work on environmental or sustainability issues may find this Capitals Coalition course useful as it provides a comprehensive introduction to the Capitals Approach and natural capital assessment. This knowledge can help Policy Analysts to develop more informed policies and to better integrate natural capital considerations into their work.
Actuary
Actuary
Actuaries who work on environmental or sustainability issues may find this Capitals Coalition course useful. By understanding the risks and opportunities associated with natural capital, Actuaries can better assess the financial implications of climate change and other environmental issues.
Sustainability Officer
Sustainability Officer
The Capitals Coalition's course may be useful for Sustainability Officers as it provides a framework for understanding and measuring the social and environmental impacts of business activities. This knowledge can help Sustainability Officers to develop and implement more effective sustainability strategies and make more informed decisions.
Financial Analyst
Financial Analyst
Financial Analysts who work on environmental or sustainability issues may find this Capitals Coalition course useful. By understanding the risks and opportunities associated with natural capital, Financial Analysts can better assess the financial implications of climate change and other environmental issues.
Risk Manager
Risk Manager
Risk Managers who are interested in understanding the risks and opportunities associated with natural capital may find this Capitals Coalition course useful. The course provides a comprehensive introduction to the Capitals Approach and to natural capital assessment, which can help Risk Managers to better identify and manage risks and opportunities related to nature.
For more career information including salaries, visit:
OpenCourser.com/course/bo26vn/valuing
Reading list
We've selected eight books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Valuing nature and people to inform business decision-making.
Provides a framework and guidance for businesses to measure and value their impacts and dependencies on natural capital.
Save
Explores the concept of the blue economy, which aims to create a sustainable and profitable economy based on the use of marine resources.
Save
Provides a practical guide to the circular economy, which aims to minimize waste and pollution by keeping resources in use for as long as possible.
Examines the impact of the fourth industrial revolution on businesses and society, and explores how businesses can adapt and thrive in the face of technological change.
Provides a historical and scientific account of the sixth mass extinction, which is currently underway, and explores the implications for humans and the planet.
A classic work that helped to raise awareness of the dangers of pesticides and the importance of environmental protection.
Examines the impact of human activity on the natural world, and argues that we need to take action to protect and restore the environment.
Save
A Pulitzer Prize-winning novel that explores the relationship between humans and trees, and the importance of protecting our natural heritage.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/bo26vn/valuing
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Effort
4 weeks of study, 2-3 hours/week for the main course items & 2 hours/week for optional items
Level
Introductory
Via
Coursera
Institution
Capitals Coalition
Instructors
Tim Polaszek
Martine van Weelden
Language
English
Transcripts
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Good to know
Appealing to those with a stake in corporate sustainability
Relevant to departments such as sustainability, procurement, accounting, and risk management
Ideal for professionals looking to gain a comprehensive understanding of the Capitals Approach
Useful for individuals interested in integrating natural, social, and human capitals into business decision-making
May be less suitable for C-level management due to its detailed nature
No prior knowledge of natural, human, or social capital is assumed
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