Great Places, for Life - The Valuing Natural Capital Edition

Our natural environment provides a range of ecosystem services such as clean air, temperature regulation and improved mental health outcomes. Through initiatives such as the Taskforce on Nature Related Financial disclosures, Australia is part of the global push to quantify and incorporate these "natural capital" benefits into decision-making.??

In this edition of Great Places, for Life, join us in our journey to understand, protect, and restore the invaluable natural capital we rely upon for a sustainable future.

Insight:

Valuing what matters – Factoring in nature and biodiversity

In part 1 of this series — Rethinking carbon valuation to decarbonise infrastructure, we discussed how carbon emissions can be factored into projects to ensure that infrastructure investment decisions reflect net zero targets, but what about natural value? How can we protect biodiversity, and natural capital to reap the benefits that they bring us as our cities and populations grow? Read more

News:

The rising importance of ESG?

Companies have an important role to play in contributing to achieving the United Nations Sustainable Development Goals (SDGs). In our 2022 ESG Report, we have identified ten SDGs to which we can make the greatest contributions through our client work and in our own operations. One method we use to measure our impact from client projects is to estimate our percentage of SDG-Linked Revenues, defined as revenues earned from services that support the SDGs. In 2022, approximately 59.3% of total annualised gross revenues was earned from these services in WSP’s global operations. Read more

News:

Climate vulnerability, risk and opportunity assessment

WSP’s Climate Change and Resilience team is helping the City of Melville tackle climate change by developing a Climate Vulnerability, Risk and Opportunity Assessment. The assessment considered the City’s assets and services, and impacts of climate on its social, economic, and environmental adaptability. Read more

News:

WSP and Westport Program get their hands dirty

Recently, the team from Westport Program and WSP got our hands dirty to plant seedlings and remove invasive weeds to support coastal conservation and urban revegetation. Read more

WSP changemakers:

The sustainable finance changemaker

Amanda Joseph, Associate Director - Sustainability and Climate Change, has a passion for sustainability and the desire to make a positive impact. Learn how Amanda is helping transform the way the natural environment is used to build resilient places and communities. Read more

Professional practice showcase:

What does a positive mine closure legacy look like to you? Five minutes with Carmen Hermann

Carmen Hermann, Principal Closure Demolition Engineer, has a passion for helping clients to achieve a positive legacy following the closure of a mine.

She recently sat down with AusIMM to share her insights on what a positive mine closure legacy looks like and why social licence has become an important consideration for the resources industry. Read more