Natural capital scoping assessment
Summary
KPMG UK requested technical support to scope a natural capital assessment. This work aimed to determine which natural capital impacts were most material to the company's operations, specifically focusing on the wider issues of biodiversity and nature.
How we helped
Little Blue Research supported the client by:
• conducting a framework review of existing standards/guidance on natural capital,
• interviewing internal stakeholders across different process areas in the company to determine material issues,
• providing a high-level review of supplier spend and internal documents to determine whether natural capital issues were considered, and
• developing a set of next steps and recommendations.
Client description
KPMG UK
15,000+ employees
Case study details
Main service: Impact & dependency
Sector: Professional services and consulting
Assessment location: UK
Capital(s)
Challenges
• Identifying natural capital frameworks for review with a focus on the consultancy sector, particularly in the UK.
• Identifying material environmental issues/metrics relating to biodiversity and nature highly relevant to the company’s direct operations.
Outcomes
• A report including the outputs from benchmarking research and the review of business processes including: client engagement, due diligence and procurement.
• Recommendations for the long-term development of the consideration of natural capital across the client’s value chain.
"The engagement delivered by Little Blue Research was thorough, well-managed and well-communicated throughout. They delivered a high quality report and their insight provides us with tangible next steps to guide our work on natural capital. They presented to senior stakeholders and brought the findings to life in credible and authoritative way."
Roisin Sharkey, Director, KPMG UK, Co-Head of Corporate Responsibility.
Related case studies
Reviewing BT's potential for natural capital assessment
