ICaN and Environmental, Social and Governance (ESG)
Executive Summary
Environmental, Social & Governance (ESG) reporting is now a critical expectation for businesses worldwide, providing measurable data on sustainability, accountability, and ethical performance. Supporting ICaN (Investing in Communities, Climate and Nature) projects offers companies a credible way to strengthen ESG disclosures with independently verified outcomes.
By funding initiatives that mitigate climate change, restore biodiversity, and improve community well‑being, businesses can demonstrate tangible impact across all three ESG pillars.
ICaN’s valuation tool delivers robust metrics and long‑term value, helping companies meet global reporting standards, mitigate risk, and showcase purpose beyond profit.
What is ESG?
ESG reporting is how companies disclose their performance across three pillars:
- Environmental – impact on nature (energy use, emissions, waste, resource efficiency)
- Social – treatment of people (employees, communities, customers)
- Governance – decision-making transparency, ethics, and accountability
Unlike CSR, which is values-driven, ESG turns intentions into measurable, reportable data. It enables companies to track progress and demonstrate accountability to stakeholders.
ESG Reporting Frameworks
There is no single global standard, but widely used frameworks include:
- Global Reporting Initiative (GRI)
- Sustainability Accounting Standards Board (SASB)
- Task Force on Climate-related Financial Disclosures (TCFD)
These frameworks define what to disclose, how to measure progress, and how to present information.
How Does Supporting ICaN Help Your ESG Reporting?
ICaN projects provide robust, independently verified data that quantifies the social and environmental benefits created through your support. This makes ICaN an ideal partner for businesses seeking credible ESG disclosures.
Our Valuation Tool
Developed with a leading Natural Capital Accounting consultancy, the ICaN Valuation Tool uses DEFRA-approved datasets to calculate the economic value of benefits under seven categories:
- Climate Regulation
- Flood Regulation
- Air Pollution Removal
- Biodiversity
- Recreation
- Physical Health
- Mental Health
We measure baseline conditions, then calculate the uplift from ICaN improvements, creating a cost-benefit ratio that is typically 10:1—a £10,000 contribution unlocks £100,000 in benefits over 15 years.
How ICaN Supports ESG Pillars
Your support can be integrated into ESG reporting as:
- Environmental – measurable ecological benefits (carbon reduction, biodiversity gain, flood resilience)
- Social – improved community health, well-being, and access to green spaces
- Governance – transparent attribution, stakeholder engagement, and alignment with recognized standards
Best Practice for Reporting ICaN Support
- Material & Verifiable – contributions must be documented and independently assessed
- Align with Standards – GRI, SASB, Social Value International
- Apply SROI Methodology – identify inputs, outputs, outcomes; use financial proxies for social outcomes
- Combine Narrative & Metrics – qualitative stories + monetized social value totals
Why It Matters
ESG transparency is now essential for investors, regulators, and customers. If your company operates across borders, you are part of someone else’s supply chain—and you’re being evaluated. Supporting ICaN strengthens your ESG credentials, mitigates risk, and demonstrates purpose beyond profit.
Partner with ICaN today. Turn ESG commitments into measurable impact.