Embedding biodiversity net gain into the capital investment process
Yorkshire Water, a utility company in the UK, has been working to incorporate biodiversity net gain into its capital investment process. The company has developed an in-house framework to inform decisions about its assets and operations.
Through its Decision-Making Framework, Yorkshire Water can assess the costs and benefits of its investment decisions, considering the environmental impact of each project. In response to the UK Environment Act 2021, which introduced more prescriptive requirements for biodiversity, the Decision-Making Framework is undergoing improvements to incorporate more detail on biodiversity net gain, to feed into the decision process.
Download the practical example to learn more about Yorkshire Water's approach to embedding biodiversity net gain into its capital investment process.