Page 9 - KGR 2020-21 Annual Report

A pack of endangered wild dogs at Karingani

The ongoing application of these operational By comparing the component elements measured
management standards further allows Karingani to track, within the Natural and Social Capital wheel versus
collate and analyse data against the multiple and defined the Sustainable Development wheel (see pages 5
key performance indicators. and 9), Karingani can demonstrate where progress
has been made when considering this dashboard of
We continue to measure the performance outcomes at data. Importantly, Karingani can continues to use this
Karingani towards the property’s planned restoration dashboard of data to determine where mitigation is
and ultimate vision in maintaining the current and future required to positively enact change.
biodiversity and providing positive social impact within
the neighbouring communities over the next 16 years. When reviewing the dashboard, each wedge has been
This process is considered as two distinct phases: Phase allocated a primary heading or attribute that reflects
1 Ecological Restoration and Phase 2 Maintenance of the ultimate position of success of the component
Biodiversity and Sustainability. restoration or development that needs to be reached.
Within each primary attribute, three or four secondary
Ecological Restoration, as a means of conserving attributes are inserted to demonstrate the result and
biodiversity and improving human well-being, is now progress of implementation of the various KPIs identified,
widely adopted globally, and complies with One Planet considered important to achieving the primary attribute.
principles. This underpins why and how Karingani
applies its best-practice management decisions towards The progressive movement of each secondary attribute
the goals of restoration. The expectation is that the is based upon a five-stage scoring system where each
restoration phase for Karingani will span 16 years; the stage score level is cumulative and depicts a visual
period of time required to enable the land to become gradient towards the highest score of 5. This system of
dynamically self-regulating, through intervention and scoring remains consistent with Report No.3, issued 31st
management in the early years of this process. Given March 2020.
the future and unknown impact of climate change, it
may mean, however, certain components of the system
require management in perpetuity.

NATURAL CAPITAL, SOCIAL IMP A CT & SUSTAINABLE DEVEL OPMENT PROGRESS REPORT 2021 4