RICS International Land Performance Framework (ILPF) is a tool that provides a clear, practical pathway to measuring the holistic performance of rural land assets. It supports businesses in measuring both strategic and operational land performance, enabling them to identify improvement opportunities and mitigate performance risks.
By linking key performance indicators to core business objectives, organisations can make informed decisions about land use and drive meaningful performance improvements.
The Framework is applicable across all jurisdictions, land types, scales and uses, covering soil, water, minerals, agriculture, forestry, natural capital, energy, utilities, land rights and access. Users can start with selected KPIs and expand their portfolio as needs evolve and data availability increases, accommodating businesses of all sizes and levels of sophistication.
It allows for each organisation to design KPIs specific to their objectives and stakeholder requirements, ensuring relevance and practical application. The Framework emphasises reliable data capture, analysis and reporting to ensure credible performance measurement.
The framework offers:
- Strategic clarity - Understand your land's full performance, not just profit.
- Performance improvement - Identify what's working and what needs attention.
- Risk mitigation - Spot performance threats early and take action.
- Stakeholder trust - Demonstrate accountability through transparent measurement.
- Competitive advantage - Benchmark against peers and identify gaps.
- Investment readiness - Provide evidence for funding, loans and subsidies.
- Value - Quantify your land's contribution to society and the environment.