Natural capital assessment scoping workshop
Summary
BP required support to undertake a scoping workshop to understand how a natural capital approach can be used to evaluate the environmental impact of different sources of future energy.
How we helped
Little Blue Research undertook a scoping workshop with BP to step through approaches to the consideration of natural capital and how these could be used to evaluate the environmental impact of future energy sources.
Client description
BP
70,000+ employees
Case study details
Main service: Strategy & risk
Sector: Industrials
Assessment location: N/A
Capital(s)
Challenges
• Designing and running a scoping workshop on the use and implementation of a natural capital approaches.
• Providing an overview and recommended actions to address potential natural capital impacts associated with the energy transition.
Outcomes
• Design and implementation of a natural capital scoping workshop.
• Summary overview of outputs following the workshop.
"We certainly believe that the work undertaken by Little Blue Research has been important in helping us better develop our approach and thinking on how we can apply natural capital assessments to understand the natural capital impacts and dependencies related to energy transition."
Mark Johnston, Group Ecologist and Technical Adviser, BP plc.
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