NAB’s aim is to ensure every business decision takes account of Natural Capital.
Natural Value is part of NAB’s journey towards understanding natural capital risks and opportunities, and integrating natural capital considerations into our day-to-day decision making processes and risk assessments.
The world's stock of natural capital produces a wide range of ecosystem services, such as the provision of clean water, pollination services of bees, decomposition of wastes and many more, which allow human life to thrive.
As our population grows, the impacts of degrading our natural capital pose significant challenges for our economic prosperity. Vice versa, by investing in building our natural capital, we can enhance business resilience and productivity.
We need to manage our natural capital with the same diligence that we manage our financial capital. This means accounting for the availability of clean water, investing in biodiversity and putting a value on soil conservation.
Through better understanding natural capital risks and opportunities NAB is working towards integrating natural capital considerations into our day-to-day decision making processes and risk assessments.