Natural Capital
In FairShares V3.0a 'Natural capital' was renamed 'Natural wealth'
Natural wealth (sometimes called ‘natural capital’) is provided by nature in the form of land, air, water, minerals and the chemical processes that take place irrespective of the existence or presence of human beings). It increases when nature is stewarded in a way that improves the health and well-being of living things in an ecosystem and degrades when the ecosystem is harmed. In organisations, natural wealth is depleted when non-renewable sources of energy, materials and goods are used. It is also depleted if goods are not recycled effectively after use. Some enterprises (such as those based on eco-entrepreneurship, eco-tourism or social agriculture) actively seek to steward and improve the physical environment (e.g. land use, air and water quality). Think about the way your enterprise/project uses land, air, water and minerals, and evaluate whether they are sourced, managed and developed in ways that sustain them. Natural wealth comes from natural resources (land, air, water and minerals) and natural processes (chemical reactions).
Return to Capital
