Reviewing BT's Potential for Natural Capital Assessment
LBR supported BT by conducting a scoping review of the inclusion of natural capital in four of its core business processes. The analysis included stakeholder interviews; a document review; and a gap analysis.
• Name: BT
• Size: Number of employees > 106,000
• Location: UK
BT were interested in understanding how several of its current processes, e.g. enterprise risk management and commercial product and proposition development, consider natural capital by identifying where gaps and opportunities exist for the inclusion of natural capital as part of these core processes.
Designing a consistent way of reviewing different processes across the organisation
Understanding if/where adaptations could be made in current processes to include consideration of the environment.
A report and summary presentation articulating how current processes consider natural capital
Stakeholder interviews on current process and their consideration of natural capital
A report and summary presentation articulating:
• how current processes consider natural capital
• a summary of the gaps, opportunities and best
practice in relation to the consideration of natural capital, and
• a set of next steps for each process.
What happened next
BT have selected several key actions to take forward.