r3.0 is collaborating with the International Integrated Reporting Council (IIRC) on a White Paper on the shift from Monocapitalism to Multicapitalism: the existing economic regime focuses exclusively on financial capital, with emergent trends toward economies that integrate the multiple capitals — natural, social, human, manufactured, intellectual, and financial. Building on this concept of Multicapitalism first proposed by r3.0 Advocation Partner Mark McElroy (and fellow MultiCapital Scorecard author Martin Thomas) in 2014, r3.0 is spearheading the drafting of the White Paper that will integrate and further flesh out approaches for applying the “carrying capacities of the capitals” —  or thresholds delineating the ongoing viability of ecological and social systems. The White Paper, which is due out by the end of 2019, will be vetted by project Advisors, including Eva Zabey (WBCSD); Fiona Reynolds (PRI); Veronica Poole (Deloitte); Jeremy Nichols (Social Value International); Mark Gough (Capitals Coalition); Sean Esbjorn-Hargens (MetaIntegral); and John Fullerton (Capital Institute).

Additional Resources:

Kickoff article

Howitt presentation 2018 r3 Conference

Howitt / Baue presentation 2019 r3 Conference

Video Village 4 Session (Howitt, Baue — 0:00 – 29:00)

Bill Baue presentation IIRC Conference 2019

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