What is it?

ENCORE (Exploring Natural Capital Opportunities, Risks and Exposure) is a business assessment tool which helps business users to better understand how environmental changes might impact their business and the wider economy. It focuses on the goods and services provided by nature and helps the user understand how their business potentially impacts and depends on nature, as well as potential risks to business continuity.

Click here to try the ENCORE tool now

Who is behind it?

ENCORE was developed by the Natural Capital Finance Alliance in partnership with UNEP-WCMC and was financed by the Swiss State Secretariat for Economic Affairs (SECO) and the MAVA Foundation

Who is it for?

Multi-sector including:

  • Consumer products
  • Energy
  • Finance
  • Healthcare
  • Industrial processes
  • ICT
  • Raw materials
  • Property and Real Estate
  • Telecommunications
  • Utilities

How do I use it?

Enter your sector, sub-industry and specific process and the tool will derive a list of impacts and dependencies. Within the dependencies tab, there are subcategories defining the related ecosystem services and assets.

The Impacts tab lists impact drivers and assets. Within the impact drivers, material impacts are listed and rated which helps businesses understand what is material to their business process. ENCORE also provides factsheets for additional information and possible actions to take.

There is also a global mapping tool which provides different data layers which display hotspots where biodiversity is under pressure.

User Feedback

It’s a great place to start but some businesses may not be represented. It can also be difficult to reconcile some of the impacts and dependencies.

Have a go and tell us about your experience on social media how using the #BizBioTools

Further Reading

What’s next for financial institutions and nature-related risk?

Click here to try the ENCORE tool now

The Pilot Programme, launched in January. Stay tuned for updates!

The aims of the pilot programme are:

  • To assess the available frameworks, methods and tools to help Irish businesses understand their impacts and dependencies on nature and biodiversity
  • To help business understand what is happening within their value chain
  • To assist with the creation and implementation of meaningful biodiversity strategies
  • To support businesses in applying appropriate tools and methods
  • To help business learn and understand about improving transparency, reporting and disclosure
  • To create a sector/industry best practice guidelines (BPGs) for Ireland and to contribute to the development of global standards for business
  • To help business incorporate nature into their decision-making and act to preserve and protect nature both locally and globally
  • To explore the feasibility of the Business Biodiversity Score

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