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BS EN ISO 14007:2020

$167.15

Environmental management. Guidelines for determining environmental costs and benefits

Published By Publication Date Number of Pages
BSI 2020 34
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This document gives guidelines for organizations on determining the environmental costs and benefits associated with their environmental aspects. It addresses the dependencies of an organization on the environment, for example, natural resources, and the context in which the organization operates or is located. Environmental costs and benefits can be expressed quantitatively, in both non-monetary and monetary terms, or qualitatively.

This document also provides guidance for organizations when disclosing related information.

This document takes an anthropocentric perspective, i.e. looking at changes that affect human wellbeing (utility) including their concern for, and dependence on, nature and ecosystem services. This includes use and non-use values as reflected in the concept of total economic value when environmental costs and benefits are determined in monetary terms.

The ways in which the environmental costs and benefits are used after they have been determined are outside the scope of this document.

This document is applicable to any organization regardless of size, type and nature.

PDF Catalog

PDF Pages PDF Title
2 undefined
4 European foreword
Endorsement notice
6 Foreword
7 Introduction
8 1 Scope
2 Normative references
3 Terms and definitions
3.1 Organizations and the environment
11 3.2 Environmental economics and finance
13 4 Principles
4.1 General
4.2 Accuracy
4.3 Completeness
4.4 Consistency
4.5 Credibility
4.6 Relevance
4.7 Transparency
5 Planning
5.1 General
14 5.2 Defining the purpose of determining environmental costs and benefits
15 5.3 Determining relevant sources and types of information
5.4 Defining the scope
5.4.1 General
16 5.4.2 Qualitative assessment
17 5.4.3 Quantitative non-monetary assessment
5.4.4 Quantitative monetary assessment
5.4.5 Distinguishing internal from external environmental costs and benefits
5.4.6 Considerations when determining environment-related internal costs and benefits
18 5.5 Planning actions to determine environmental costs and benefits
6 Determining environmental costs and benefits
6.1 General
19 6.2 Qualitatively assessing environmental costs and benefits
6.3 Quantifying environmental costs and benefits in non-monetary terms
20 6.4 Quantifying environmental costs and benefits in monetary terms
6.4.1 General
6.4.2 Environmental damage costs and environmental benefits
22 6.4.3 Environment-related internal costs and benefits
25 6.5 Quality check
7 Application, reporting and continual improvement
7.1 Remarks on environmental costs and benefits used in specific applications
7.1.1 General
26 7.1.2 Cost-benefit analyses
7.1.3 Aggregating environmental costs and benefits
27 7.2 Reporting
7.3 Continual improvement
28 Annex A (informative) Flow chart on determining environmental costs and benefits
30 Annex B (informative) Examples of selected terms and concepts
32 Bibliography
BS EN ISO 14007:2020
$167.15