Course Description

This course provides a structured introduction to ISO 14008:2019, the international framework for monetarily valuing environmental impacts and related environmental aspects. Participants learn how to translate changes in ecosystems, resource use, emissions, and pollution into monetary terms that support comparison, trade-off analysis, and decision-making. The course explains key principles, valuation methods, and documentation requirements, and shows how to link valuations to environmental aspects and organizational dependencies on natural capital. Through practical examples, case discussions, and exercises, learners gain confidence to design, commission, critically review, and use ISO 14008-aligned monetary valuation studies in policy analysis, project appraisal, sustainability reporting, and strategic financial planning.

What You’ll Learn

• Purpose, scope, and key concepts of ISO 14008 within the ISO 14000 family
• Principles of robust monetary valuation for environmental impacts
• How to plan an ISO 14008-aligned valuation study and define system boundaries
• How to choose and apply appropriate valuation methods and data sources
• Ways to link monetized impacts to specific environmental aspects and resource uses
• How to interpret, present, and use valuation results in decision-making
• How to document assumptions, uncertainty, and limitations in line with ISO 14008 guidance

Who Should Attend

• Environmental and sustainability managers
• ESG and sustainability reporting professionals
• Corporate strategists and investment decision-makers
• Environmental and health economists
• Risk, finance, and CSR analysts
• Environmental consultants and impact assessment practitioners
• Government policy analysts and regulators
• Professionals involved in natural capital or ecosystem services assessments

Recommended

• Basic understanding of environmental management or ISO 14001 concepts
• Familiarity with microeconomics or cost-benefit analysis
• Experience with environmental impact assessment, life cycle assessment, or sustainability reporting
• Comfort working with quantitative data and spreadsheets
• Prior exposure to the ISO 14000 family or natural capital frameworks (helpful)