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Beta Framework for Integrated Decision-making

Beta Framework for Integrated Decision-making

Year Published

2024

Contributing Organisations

Capitals Coalition

Type of Resource

Framework

Languages

English

Relevant Topics

Core Topic
Just Transition
Topic 2
Transition Planning & Implementation Capabilities

Target Audience

All

Relevant Geography

Global
Beta Framework for Integrated Decision-making

Resource Summary

This framework aims to embed the interconnectedness of natural, human, social, and produced capital into decision-making in a practical and accessible manner. It goes beyond financial metrics, acknowledging that sustainability requires a consideration of the long-term impacts on all aspects of our society and planet. It aims to empower decision-makers, preparers, and stakeholders to navigate the complexities of modern decision-making in a way that values not just financial returns, but the well-being of people and the planet. It outlines seven steps that, when followed, can help organisations of all sizes integrate the value of all four capitals into their decision-making processes. The accompanying technical support documents, the ‘Capitals Protocol’ and ‘Governance for Valuation’, provide guidance and tools to help ensure that this integration can be done effectively, transparently, and with confidence.

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