A research company founded by leading academics, including Sir Dieter Helm, has launched an online environmental mapping application which it claims enables water companies “to demonstrate the success of their environmental initiatives.”
The company, National Capital Research, said its mapping “tool” provides downloadable data that can form “a rock-solid basis for the development of regulatory compliance, ESG, flood risk, biodiversity and net zero carbon strategies.” The company claimed it shows how a utility’s assets provide “the benefits for human wellbeing” including carbon storage, carbon dioxide sequestration, flood-risk reduction, recreation and biodiversity.
The company said the tool, NatCapMap, enables utilities “easily to identify and measure their natural capital assets, and then report improvements over time.”
Co founder and chair of Natural Capital Research, Helm, said water companies must convincingly report success in their environmental programmes to all stakeholders: “NatCap Map provides the credible evidence base that is needed for all these different audiences. And it then provides the credible starting point for initiating and monitoring environmental enhancements over time,” said Helm.
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