With biodiversity becoming increasingly recognised, it’s more important than ever to include biodiversity metrics in your ESG reporting. It’s no longer just an added bonus in your reports but should be seen as a fundamental necessity. However, unlike other metrics, such as carbon emissions, it can be hard to measure quantitatively and, therefore, can be tricky to assess. Want to learn more? Check out our article below on the recent uptick in biodiversity reporting, and how to ensure you’re assessing accurately and efficiently. 🔗 https://ow.ly/Zs8o50UjNtb #Biodiversity #ESGReporting #Sustainability #GaiaLens
GaiaLens’ Post
More Relevant Posts
-
✅ The Science Based Targets Network (SBTN) methodology is now deemed ‘sufficiently mature’ to guide corporate nature targets and is in alignment with with obligations under the Corporate Sustainability Reporting Directive (CSRD), according to a new WWF report. 👇 WWF’s report highlights: “The SBTN currently represents the gold standard in target-setting methodology, providing a solid basis for complying with CSRD and related ESRS requirements related to nature target reporting – sometimes going beyond these regulatory expectations.” In an article published this week about WWF's report, CSO Futures explains: ✔️ CSRD requires firms to report on metrics like pollution, biodiversity, and water. ✔️ Companies must disclose any nature-related targets they have set and these align with the Global Biodiversity Framework adopted at COP15. ✔️ Following SBTN’s methodology ensures robust, compliant nature targets. 🔗 Read the full article: https://lnkd.in/eCxa3g_Q #ScienceBasedTargets #ForNature #COP16Colombia #KMGBF #Biodiversity
To view or add a comment, sign in
-
🌎 "#Biodiversity is among the top concerns for companies under #CSRD requirements." A new survey by PwC suggests that companies are feeling the least confident on reporting on biodiversity and ecosystems, in line with the EU's corporate sustainability reporting directive. What does this mean for #naturalcapital and #biodiversitymarkets? 🙌 It means that now is a great time to step up and support the #privatesector, as the world demands businesses protect nature more than ever. For example, in the study, #data was given as the number 1 barrier to reporting. Of course, the more extensive and transparent data on biodiversity that can be provided, the better. In line with this, Earthly are currently working on an exciting #biodivesityledger, to give maximum clarity and integrity to our voluntary #biodiversitycredits. Coming soon! Source: Carbon Pulse | https://lnkd.in/eDW7agqx
To view or add a comment, sign in
-
🌍 Biodiversity loss is one of today’s most urgent challenges, and the financial sector is responding with metrics like 𝗠𝗲𝗮𝗻 𝗦𝗽𝗲𝗰𝗶𝗲𝘀 𝗔𝗯𝘂𝗻𝗱𝗮𝗻𝗰𝗲 (𝗠𝗦𝗔) to measure the impact of investments on ecosystems. 🔍 Why MSA? MSA quantifies how human activities affect biodiversity and is the key measure in the 𝗚𝗹𝗼𝗯𝗮𝗹 𝗕𝗶𝗼𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆 𝗦𝗰𝗼𝗿𝗲 (𝗚𝗕𝗦), which turns financial data into measurable ecological pressures. 📊 With rising regulations on biodiversity disclosures, using tools like MSA helps asset managers strengthen ESG strategies and meet compliance. 🌱 At AMINDIS we're here to help reduce the biodiversity footprint of your investments. 💬 𝗖𝗼𝗻𝘁𝗮𝗰𝘁 expert Olivier van Elmbt today! #Biodiversity #SustainableInvesting #ESG #Amindis
To view or add a comment, sign in
-
Most companies do not effectively manage biodiversity issues despite managing ESG because the "business case for sustainability" has historically focused on environmental degradation rather than ecological integrity. This approach has perpetuated environmental degradation and biodiversity loss, as sustaining industrial development is not the same as supporting natural systems that underpin life on Earth. Additionally, the integration of biodiversity into ESG frameworks is often limited by the complexity of supply chains, which can involve diverse actors and practices, making it challenging for companies to address biodiversity loss effectively. #ESG #Biodiversity #SDGs #Sustainability #Development #TNFD
To view or add a comment, sign in
-
GRI and the Taskforce on Nature-related Financial Disclosures (TNFD) are working together to streamline how companies report on biodiversity impacts -- making it easier to integrate nature-related disclosures into sustainability strategies. https://lnkd.in/g9fRTHMA #Sustainability #Biodiversity #ESG #CorporateResponsibility
GRI and TNFD make reporting on biodiversity easier
globalreporting.org
To view or add a comment, sign in
-
Just when you thought it was safe to take a breath, we have a new (though not mandatory) global reporting standard for biodiversity. This is aimed at enabling companies to publicly disclose their most significant biodiversity impacts, and how they are managed. Key features of the updated standard include the facilitation of reporting on impacts across the supply chain, as well as location-specific impact reporting, with detailed information on the place and size of operational sites. I must say that if this gets adopted in Australia, its going to be a LOT of work. GRI Launches New Biodiversity Reporting Standard - ESG Today Photo by Federico Bottos on Unsplash. #GRI #esg #impactreporting
To view or add a comment, sign in
-
Just when you thought it was safe to take a breath, we have a new (though not mandatory) global reporting standard for biodiversity. This is aimed at enabling companies to publicly disclose their most significant biodiversity impacts, and how they are managed. Key features of the updated standard include the facilitation of reporting on impacts across the supply chain, as well as location-specific impact reporting, with detailed information on the place and size of operational sites. I must say that if this gets adopted in Australia, its going to be a LOT of work. GRI Launches New Biodiversity Reporting Standard - ESG Today Photo by Federico Bottos on Unsplash. #GRI #esg #impactreporting
To view or add a comment, sign in
-
Just when you thought it was safe to take a breath, we have a new (though not mandatory) global reporting standard for biodiversity. This is aimed at enabling companies to publicly disclose their most significant biodiversity impacts, and how they are managed. Key features of the updated standard include the facilitation of reporting on impacts across the supply chain, as well as location-specific impact reporting, with detailed information on the place and size of operational sites. I must say that if this gets adopted in Australia, its going to be a LOT of work. GRI Launches New Biodiversity Reporting Standard - ESG Today Photo by Federico Bottos on Unsplash. #GRI #esg #impactreporting
To view or add a comment, sign in
-
The #CSDDD has been approved, meaning large EU companies will soon need to be able to identify and address environmental impacts in their supply chain. Yet many #investors still don’t know how to think about #biodiversity, and don’t have clarity on biodiversity #metrics. Against this backdrop, tomorrow the 11th of July 2024 at 15:00 CEST, our Co-Founder and CEO Ingmar Juergens be speaking on the #webinar titled "Quantifying Nature: Using biodiversity metrics for sustainable investment", produced by Reuters Events, alongside Claire Elsdon from CDP and Sumati Semavoine-Jain from BNP Paribas. Key takeaways: • Understand how you can measure nature-related impacts across your supply chain • Learn about new #climate technology being used to build biodiversity-positive portfolios • New #regulations aimed at reducing biodiversity loss will affect you – find out exactly what you’ll need to stay ahead of #compliance Register here to join us live or receive the recording: https://lnkd.in/drw-597V #SustainableInvestment #supplychain
To view or add a comment, sign in
-
Did you know that the scope of ESG reporting is expanding to include biodiversity from 2025? 🌿📑 With biodiversity loss being a critical issue, new regulations from 2025 will require companies to include detailed biodiversity impacts in their ESG reports. This will help stakeholders understand the broader ecological impacts of business operations. 📞 Sustainability Lens can help you adapt to these new reporting requirements! 🌐 Website: www.sustainabilitylens.com #Biodiversity #ESGReporting #SustainabilityTrends #SustainabilityLens
To view or add a comment, sign in
1,990 followers