1. BET Introduction 24 th October 2012 Santiago, Chile Prepared for: Consejo Minero de Chile A.G. and Antofagasta Minerals S.A. By James Spurgeon, Sustain Value james.spurgeon@sustainvalue.co.uk

2. 2 Business Ecosystems Training – Contributors All content is based on WBCSD material and publically available reports. BET curriculum and structure was designed by, adapted here by for and The structure and content development of BET was governed by an Advisory Committee consisting of WBCSD member companies and Regional Network partners, NGOs, UN and academic institutions.

3. James Spurgeon credentials  Established Sustain Value consultancy in September 2011  Previously headed ERM environmental economics team  Principal author of:  WBCSD ‘Guide to Corporate Ecosystem Valuation’  IPIECA ‘Guide to ecosystem services for the oil industry’  WBCSD ‘Water Valuation: Building the business case’  20 years experience undertaking Environmental and Social Impact Assessments (ESIA) – including integrating ecosystem services.  20 years experience assessing and valuing ecosystem services globally, and quantifying biodiversity offsets.  Extensive experience working for top mining companies on ESIAs, and valuing ecosystem services, environmental & societal impacts.  Experience working in Chile for a major mining company developing BES tool.  Teaches 2 day course on environmental economics for two MScs at Newcastle University.  Has trained mining executives on biodiversity, ecosystem services and IFC performance standard 6.  Contributing author to TEEB for Business and expert reviewer for UK National Ecosystem Assessment.  MBA thesis (distinction) assessed risks and opportunities to mining, oil and gas and water companies from emerging biodiversity markets. 3

4. 4 Overview of Modules Module 1: Understanding the links between ecosystem services and business Module 2: Measuring and assessing impacts and dependencies Module 3: Introduction to valuing ecosystem services Module 4: Managing and mitigating impacts

5. 5 Agenda for day TimeDuration (mins)Session 08.3030Register 09.001.15Module 1 – Ecosystem services and business 10.1530Questions 10.4515Coffee 11.001.30Module 2 – Assessing impacts and dependencies 12.3030Questions 13.001.00Lunch 14.001.30Module 3 – Corporate ecosystem valuation 15.3030Questions 16.0015Coffee break 16.151.45Module 4 – Managing and mitigating impacts 17.3030Questions 18.00-End

6. 6 About the day  Much material to cover  Just a high level introduction  Is a 2 day generic version of BET – potentially modified for the mining sector next year  Don’t get bogged down in the detail - sit back and enjoy!  You can ask quick clarification questions during the presentations  Slide pack will be made available after the event