Natural Capital: Our Farm's New Balance Sheet
For the past two years, we have been committed to developing and testing Natural Capital Accounting (NCA) methods for our farmland. Our goal is simple: to create accounts that track the health of our natural environment with the same rigor we apply to our financial accounts.
Why does this matter?
Strategic Alignment: Like tracking profit margins, NCA helps us set and achieve clear financial, environmental, and social goals.
Proof of Performance: These accounts allow us to record and explain changes in our farm's natural capital. When combined with production data, they clearly demonstrate how environmental health directly supports agricultural production and profitability.
Stakeholder Communication: In today's market, transparency is mandatory. NCA provides an auditable way to communicate our environmental performance to key stakeholders, including banks, insurers, and high-end fashion labels in our supply chain. This data is essential for supporting negotiations, securing direct-buyer contracts, and accessing premium pricing.
