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Incorporating Nature In The Heart Of Business Decision-Making And Disclosure

Date

22 Oct 2020 12:00 to 13:00

Address

  ONLINE
Belgium

Section

Climate & Environment
EU Green Week 2020

Event Description

REGISTER HERE

After the adoption of a new EU Biodiversity Strategy for 2030 in May, EU Green Week will highlight the contribution biodiversity can make to society and the economy, and the role it can play in supporting and stimulating recovery in a post-pandemic world, bringing jobs and sustainable growth.  

Join us for a number of exciting sessions and provocative speakers, from the opening session reflecting on the notion of a new beginning for nature and people, as we recover and rebuild after COVID-19, to the closing session that takes us forward on the road to Kunming and the crucial Paris-like Biodiversity Summit. 

ACCA, Capitals Coalition and Deloitte are delighted to invite you to their joint session on Day 3 called “Incorporating Nature In The Heart Of Business Decision-Making And Disclosure”, on 22 October, from 12.00 till 13.00h CET.

Business decisions are often based on information that excludes the relationship between nature and people. Businesses struggle to disclose and explain their impacts and dependencies on natural, social and human capital, making it difficult for investors and customers to appreciate these issues. And this is sometimes exacerbated by inadequate or insufficient regulatory/legislative environments and/or tax and market incentives. As a result, decision-making often fails to deliver sustainable prosperity.

The business ecosystem is driven by tools such as governance, financial management, performance and financial accounting, audit and tax. To better appreciate business impact and dependencies on natural capital, this roundtable will discuss opportunities for improving decision-making by business by incorporating natural capital.

In the light of the EU Green Deal and new EU Biodiversity Strategy, it will also discuss and evaluate business reporting and governance tools at each point of the circular business (strategic, managerial and operational) ecosystem, and consider what more can be done, including how different economies are adapting their legislation to support the sustainability initiative, which has grown in importance in the context of the green recovery.

Sharon Machado, Head of Business Reporting, ACCA will moderate the session welcoming Sirpa Pietikäinen, Member of the European Parliament; Martin Lok, Deputy Director, Capitals Coalition; Michael Beutler, Sustainability Operations Director, Kering; Andre Jakobs, Senior Advisor Strategy & Sustainability, ABN Amro; Eric Dugelay, Member of the TCFD, Partner, Global Leader Sustainability Services, Deloitte France; Thomas Verheye, Principal Adviser for Green Finance & Investments, Directorate General for Environment, European Commission.

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