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CXO | Corporate Sustainability Strategist | ESG Spearhead | Specialist in Double Materiality & Sustainable Value Creation | CRISIL Certified ESG Risk Analyst | Certified Independent Director(India & UK)

Tech Titans Team Up to Save the Planet: New Alliance to Revolutionize Corporate Biodiversity Reporting 🌱🌍📊 A groundbreaking alliance of environmental consulting (ERM), tech giant (Salesforce), eDNA specialist (NatureMetrics), and satellite imagery provider (Planet) has formed to tackle the urgent biodiversity crisis. This is a major move, with significant implications for corporate sustainability and ESG reporting: Quantifying Nature's Value: The NatureTech Alliance aims to provide businesses with robust tools to measure, manage, and disclose their impact on biodiversity. This is crucial, as biodiversity loss is a growing financial risk, impacting industries from agriculture to tourism. The World Economic Forum estimates that $44 trillion of economic value generation – over half the world’s total GDP – is moderately or highly dependent on nature and its services. Data-Driven Decisions: The alliance's integrated toolkit will offer comprehensive insights into biodiversity impact across value chains, enabling companies to make informed, data-driven decisions about their operations. Regulatory Readiness: With impending nature-related disclosure regulations like TNFD and CSRD, companies are under increasing pressure to report their environmental impact. The NatureTech Alliance aims to help businesses prepare for and comply with these new requirements. Collaboration is Key: This initiative highlights the growing recognition that addressing biodiversity loss requires collaboration across sectors. By combining their expertise, these organizations offer a holistic approach to biodiversity management and disclosure. The NatureTech Alliance signals a significant shift in how businesses approach their relationship with nature. It's a recognition that environmental sustainability is not just an ethical imperative but also a business imperative. By empowering companies to understand and mitigate their impact on biodiversity, this initiative could play a pivotal role in safeguarding the planet's natural resources for future generations. #NatureTechAlliance #BiodiversityMatters #ESG #CorporateSustainability #EnvironmentalImpact

ERM, Salesforce, NatureMetrics, and Planet Form NatureTech Alliance to Combat Biodiversity Loss - ESG News

ERM, Salesforce, NatureMetrics, and Planet Form NatureTech Alliance to Combat Biodiversity Loss - ESG News

https://esgnews.com

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