Richard Gillham: What is natural capital and why does it matter to advisers?

Last month's Earth Day 2022 had the theme ‘Invest in our planet' and asked the question: ‘what will you do?' This is where I believe the concept of ‘natural capital' can be very helpful for advisory firms, in helping us to develop a clearer picture of our role in both investing in and protecting our environment. What is natural capital? We are familiar with attaching financial values to many assets, such as human capital and intellectual capital, but the concept of natural capital is relatively new. However, natural capital is bigger than all of the above - it's the concept that...