Doing Business Within Planetary Boundaries

Insights are rooted in the pioneering efforts of the Beijer Institute of Ecological Economics and the Global Economic Dynamics and the Biosphere Program at the Royal Swedish Academy of Sciences, and of the Stockholm Resilience Centre at Stockholm University. [...] Where identifies the location of the environmental pressure, what specifies the type of pressure (impact) generated by the economic activity, and how much quantifies the absolute amount of the pressure (impact) at that specific location. [...] By focusing on the most essential impacts Variables (EEIVs) were developed to allow the for a given sector, resulting in a total of only systematic collection and reporting of data on the 15 variables, they can substantially reduce activities that drive the most essential environmental the current and emerging burden of non- impacts – in other words the impacts of a given sector financial environm. [...] regulations, are already required to disclose much of the data recommended by the EEIVs, thereby The transparency afforded by large-scale illustrating the feasibility of an environmental implementation of EEIV reporting across the corporate materiality approach existing alongside the universe would also improve the reporting of upstream conventional reporting. [...] By acknowledging the varying effects of Using the ESI tool requires four types of input data, water and land use across different regions and covering three environmental pressures and the geo- types of vegetation, the ESI tool ensures a nuanced coordinates of each asset or facility: and detailed impact assessment.