The contributions the industry makes to bio-physical systems thereby increasing or decreasing natural capital.

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The industry can contribute in two ways – through changes in the value of its own bio-physical assets (stocks) or by changing the value of bio-physical assets held by others (flows). These are dealt with separately as they require different types of measurement.

Desired outcome

The net contribution of the industry to bio-physical systems is positive and increasing over time.

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This is achieved by maintaining or increasing positive contributions to bio-physical systems and reducing or eliminating negative contributions.

 

No reduction in natural capital corresponds to some interpretations of ‘sustainability’. Other interpretations allow a tradeoff among natural capital and other forms of capital such as produced capital , human capital and social capital. Whichever view is taken, a positive contribution to natural capital is more consistent with sustainable development than a negative contribution.

Indicator

To be developed.

Summary measure

To be developed.