Impact valuation gains momentum It is not a question of if, but rather when impact valuation is implemented Business examples Disclosure Standardization  WBCSD Redefining Value  CDP (formerly Carbon Disclosure  Natural Capital Protocol  Impact Valuation Roundtable Project)  Social Capital Protocol  Increasing number of companies  Reporting schemes started the  Natural and Social Capital Sector is piloting in all sectors discussion Guidance  First companies go public  ISO 14007 and 14008 21