ABSTRACT
This chapter provides an overview of the different biodiversity-related reporting standards that can be used by preparers of integrated reports when disclosing information on an organization’s natural capital. Using prior literature, an extinction accounting framework is presented that can be used by organizations in reporting on biodiversity and extinction risk, at a species level. The reporting framework demonstrates how the different capitals are affected by the natural capital of an organization and how biodiversity-related risks (in particular, extinction risk), affect the ability of an organization to continue operating. The use of the framework will enhance accountability and ensure better management of an organization’s natural capital.
