toward nature-based solutions (nbs) approach in integrated segment reporting of placed-based organizations

Abstract

This paper aims to focus on the contribution of the approach by segments of place-based organizations to planning and reporting social and environmental performance along with economic and financial dimensions. The literature review is about Nature-Based Solutions (NBS) and segment reporting. In the context of scientific contributions regarding the NBS approach, an important issue is to evaluate the impact of NBS about different social and environmental challenges. Raymond et al. (2017) propose a framework to identify how NBS can produce both synergies through ecosystem services and co-benefits in a NBS view. Moreover, the paper analyses the logic underlying the technique of segmentation in the “space”, the social performance of the operating segments over “time” and the synergies between segments. In the case examined (a Farm), we will demonstrate how the case manages to achieve significant economy with the production of electric energy deriving from the biogas obtained by fermentation of manure, therefore it does not incur the cost of purchasing electricity and it doesn’t incur in the disposal costs of the manure, but to translate them into raw material to produce electricity and also to sell the energy in excess to its needs. Besides, the Farm generates benefits for the environment inside and outside of it.