Course description

This practitioner course translates ISO 14007 into a step-by-step approach for determining environmental costs and benefits across your operations, products, and projects. We begin by mapping environmental aspects and organizational dependencies on natural resources (materials, water, ecosystem services) within your business context. You’ll learn when to use qualitative descriptions, quantitative indicators, or monetary valuation, and how to combine them without double counting. We cover selecting boundaries and baselines, choosing valuation approaches (cost accounting, avoided cost, damage cost, shadow pricing), designing data-quality controls, and documenting assumptions and uncertainty. You’ll practice building a defensible register of costs/benefits that links to objectives, budgets, capital projects, and procurement, then prepare clear internal summaries and external disclosures. Templates include aspect-to-value mapping sheets, valuation method picklists, data quality checklists, and disclosure outlines. Applicable to organizations of any size or sector.

What you’ll learn

• Map environmental aspects and dependencies

• Select qualitative, quantitative, and monetary metrics

• Choose appropriate valuation methods and boundaries

• Build data-quality, uncertainty, and documentation controls

• Compile decision-ready registers for projects and budgets

• Prepare transparent disclosures and avoid double counting

• Align outputs with EMS, finance, and ESG reporting

• Plan governance for updates and reviews

Who should attend

• Sustainability/ESG and environmental managers

• Finance, FP&A, and investment teams

• Operations, engineering, and procurement leaders

• Product managers and portfolio owners

• Consultants supporting valuation and disclosures

Recommended

• Basic ISO 14001 or EMS awareness

• Comfort with spreadsheets and simple analytics

• Familiarity with budgeting or cost/benefit concepts