‘Capital’, while often thought of only as money, describes any resource or asset that stores or provides value. Keyland’s business activities depend on, and impact, many different aspects of capital including the natural environment, our skills and knowledge, and the trust of our project partners and wider stakeholders. However, these are often overlooked or undervalued in traditional financial accounting and analysis. We therefore look beyond the financial balance sheet to assess the outputs, impact and value we provide to Yorkshire across six types of capital, and in line with the the ‘Integrated Reporting Framework’ approach developed by the IFRS Foundation.
Our Six Capitals approach to sustainable development is designed to help us become more sustainable and resilient by better understanding, and therefore better managing, the economic, environmental, and social impacts of our actions. This concept places an emphasis on living within natural limits but also increasing, social, human, intellectual, manufactured and financial value, allowing us to protect and grow the value we create for Yorkshire and society.
Land Promotion
Land Promotion
Land Promotion
This approach marks the next major step in our journey to deliver more value for people, society and the planet through the developments that we unlock.