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COUNTMITMENT SIGNED

NATURAL CAPITAL ACCOUNTANCY TO IMPROVE REPORTING AND ENVIRONMENTAL PERFORMANCE

Total Cost €

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EC-Contrib. €

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Partnership

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Project "COUNTMITMENT" data sheet

The following table provides information about the project.

Coordinator
CREANDO REDES-NATCAP SL 

Organization address
address: AVDA DEL MANZANARES 154 6 C
city: MADRID
postcode: 28019
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Spain [ES]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-12-01   to  2020-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    CREANDO REDES-NATCAP SL ES (MADRID) coordinator 50˙000.00

Map

 Project objective

Important investment decisions are more and more dependent on companies’ environmental performance and the quality of companies’ external environmental reporting. Thus, the biggest companies around the world disclose their sustainability performance to some degree and listed companies worldwide are increasingly aware of their impacts on the environment. There is a clear need of comprehensive tools to quantify the impacts of companies on natural capital and to help companies mitigate or compensate such impacts, so they keep up with the high environmental reporting standards. Existing solutions oriented to measure and reduce natural capital impacts neither provide an integrated measurement of the impact in terms of ecosystem services nor bring support to improve environmental performance. These tools are usually focused in single sectors and work only at narrow spatial scales (e.g. UK, European). In addition, any of them incorporates natural capital net loss and ecosystem degradation measures and its economic, hindering a more sustainable decision-making To bridge the gap between decision making levels around no-net-loss of natural capital, we, Creando Redes, have designed COUNTMITMENT: an online software that enables companies and public authorities to calculate and compensate the natural capital net debt that every industrial activity in any place can incur COUNTMITMENT will have a deep impact in our company, as we estimate that it will yield a turnover of €7.12M, cumulated profits of €2.85M, 10 new direct jobs and a ROI of 2.01 three years after commercialization, reaching the payback during the second year.

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The information about "COUNTMITMENT" are provided by the European Opendata Portal: CORDIS opendata.

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