Biodiversity and ecosystem services in environmental profit & loss accounts
The Environmental Profit & Loss (EP&L) methodology, a pioneering corporate natural capital accounting methodology, was developed at Kering to help corporate decision-makers understand environmental impacts in their business and supply chains. This report provides recommendations and examples of how the EP&L can be adapted into a more flexible and cutting-edge tool, but the findings are more generally relevant for measurement of a company’s impacts on natural capital, whether through an accounting-based framework or not. This working paper complements the business report "Biodiversity and Ecosystem Services in Corporate Natural Capital Accounting.