"Economists keep saying we should put a price on nature. Now they’ve finally done it."
Chelsea Harvey, Washington Post
Natural Capital presents a useful tool as CFFP looks to measure environmental returns on investment. This measurement accounts for nuances and fluctuations that allow analysts to evaluate sustainability for the long term.
A group of faculty at Yale School of Forestry and Environmental Studies has been working closely with economists to create a formula that describes the value of nature related assets, known as Natural Capital. Previously, economists had described the value of nature through “ecosystem services”, which better represents the flow of natural assets like income. On the other hand, natural capital represents the whole of natural assets like wealth. In this way natural capital is a more accurate representation of those assets, looking at the whole value of assets after the (sometimes unpredictable) effects of industrial endeavors and “green” interventions alike.
Site Link: Business Benchmark on Farm Animal Welfare
BBFAW presents an example of how evaluation alone has the potential to influence policy at the corporate level. Because animal welfare standards have been called out as a lens for measuring good business, food corporations across the value chain are challenged to improve practices in this area.
The Business Benchmark on Farm Animal Welfare (BBFAW) is the first global measure of animal welfare standards for food businesses. The 2015 evaluation covers issues including confinement, genetic engineering, growth hormones, antibiotics, mutilations, slaughter practices, long distance live transportation, internal policy, accountability, and more. BBFAW proposes to evaluate a range of corporations from production to retail, including Sysco, Dean Foods Co, ConAgra Food Inc, Target, Albertsons, and Chipotle Mexican Grill.
As part of its own research, CFFP regularly illuminates educative research, media, and resources related to our work. This page contains public versions of our synopses.