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
Jigar Motta’s Post
More Relevant Posts
-
NatureTech Alliance for Biodiversity🤝 ERM, Salesforce, NatureMetrics, and Planet have formed the #NatureTechAlliance to transform how corporations measure their biodiversity impact. Announced at the #WorldEconomicForum in Davos, this alliance aims to accelerate biodiversity assessment and disclosure. Key offerings include: 🔍 Value Chain Biodiversity Impact and Dependency Assessment 🌿 Supplier Engagement on Biodiversity 📊 Regulatory Reporting and Compliance Each partner brings unique expertise: Planet: Daily satellite data and analytics🛰️ ERM: Sustainability consulting and integration into business strategies. Salesforce: Sustainability Management Solution incl Net Zero Cloud. NatureMetrics: eDNA technology for biodiversity measurement. Neglecting biodiversity in the economy causes ecosystem degradation, resource depletion, and increased climate change vulnerability, threatening long-term economic stability and growth. Alliances like the "NatureTech Alliance for Biodiversity" are crucial for conserving biodiversity and achieving sustainable economic growth. Sources: - Planet blog: https://lnkd.in/d4K_Mw-7 - NatureMetrics’s website: https://lnkd.in/dPSSbAUC #Sustainability #Biodiversity #Satellitedata #EarthObservation #NatureTechAlliance #CorporateResponsibility #TNFD #WorldEconomicForum
The Nature Tech Alliance: Planet, ERM, Salesforce, and NatureMetrics Launch Initiative to Measure Biodiversity and Report on Impact
https://www.planet.com/pulse
To view or add a comment, sign in
-
🌍 Biodiversity loss is accelerating, and as COP16 discussions highlight, compliance with standards like ESRS E4 will be crucial to protecting ecosystems and future-proofing businesses. By making action measurable, these frameworks drive a new level of accountability. 💼 📈 🌱 Check out South Pole's latest blog from our biodiversity team to learn how CSRD can enhance resilience and why integrating biodiversity into your strategy is essential. 🔗 https://lnkd.in/eK234j9e Santiago Martinez Vivero | Maria Alejandra Rojas | Carolina Bagni #Cop16 #Biodiversity #Nature #CSRD #Sustainability #NetZero #ESG #CorporateClimateAction #NatureBasedSolutions
Biodiversity and Ecosystem Reporting: Key to CSRD Compliance for Businesses
southpole.com
To view or add a comment, sign in
-
GRI's new biodiversity reporting standard marks a significant step towards greater transparency and accountability in corporate sustainability practices. Looking forward to seeing how companies embrace this new standard - and manage to integrate the complexity into their reporting frameworks to drive positive impact on biodiversity. #ESG #Sustainability #BiodiversityReporting https://lnkd.in/eMcsuzVq
GRI Launches New Biodiversity Reporting Standard - ESG News
https://esgnews.com
To view or add a comment, sign in
-
📣 Nature Action 100 reveals benchmark indicators for evaluating corporate action on nature. 🖥️ The Nature Action 100 has announced its Company Benchmark, a crucial tool for investors to assess companies' exposure to nature-related risks and monitor progress on biodiversity strategies. It is comprised of 6 key indicators covering the areas of: 1️⃣ Ambition 2️⃣ Assessment 3️⃣ Targets 4️⃣ Implementation 5️⃣ Governance 6️⃣ Engagement 📋 These are underpinned by 17 sub-indicators and 50 metrics. 🏞️ By releasing the first company assessments later this year and conducting them annually after that, Nature Action 100 seeks to provide a comprehensive view of corporate efforts to tackle nature and biodiversity loss. 🟦 These assessments are crucial for tracking progress and serve as valuable resources for investors and companies, facilitating informed decision-making and strategic planning. 🌀 Hope is that the Nature Action 100 Company Benchmark will play a crucial role in driving corporate accountability and action on biodiversity, ensuring a more sustainable future for us all. ✨ Let me know what you think about the new benchmark indicators from Nature Action 100! Click here to explore them ➡️ https://lnkd.in/eZz-D_aC #NatureLoss #NatureReporting #NatureData #NatureRisk
Nature Action 100 unveils benchmark indicators for assessing corporate ambition and action on nature
https://www.natureaction100.org
To view or add a comment, sign in
-
How can we assess the real-world impact of business sustainability and nature strategies? See how Nature Action 100 is leading the charge by tracking corporate progress and commitment toward reversing nature and biodiversity loss by 2030. #SustainableSolutions #GreenBusiness #CorporateResponsibility #BusinessForGood #sustainableinvestment #impactinvesting #ESG #responsibleinvesting #sustainabilit #sustainablefinance
📣 Nature Action 100 reveals benchmark indicators for evaluating corporate action on nature. 🖥️ The Nature Action 100 has announced its Company Benchmark, a crucial tool for investors to assess companies' exposure to nature-related risks and monitor progress on biodiversity strategies. It is comprised of 6 key indicators covering the areas of: 1️⃣ Ambition 2️⃣ Assessment 3️⃣ Targets 4️⃣ Implementation 5️⃣ Governance 6️⃣ Engagement 📋 These are underpinned by 17 sub-indicators and 50 metrics. 🏞️ By releasing the first company assessments later this year and conducting them annually after that, Nature Action 100 seeks to provide a comprehensive view of corporate efforts to tackle nature and biodiversity loss. 🟦 These assessments are crucial for tracking progress and serve as valuable resources for investors and companies, facilitating informed decision-making and strategic planning. 🌀 Hope is that the Nature Action 100 Company Benchmark will play a crucial role in driving corporate accountability and action on biodiversity, ensuring a more sustainable future for us all. ✨ Let me know what you think about the new benchmark indicators from Nature Action 100! Click here to explore them ➡️ https://lnkd.in/eZz-D_aC #NatureLoss #NatureReporting #NatureData #NatureRisk
Nature Action 100 unveils benchmark indicators for assessing corporate ambition and action on nature
https://www.natureaction100.org
To view or add a comment, sign in
-
The Big Ten Questions for Public Companies on Nature Positive Initiatives for Investor Engagement The growing recognition of biodiversity’s critical role in sustaining ecosystems and mitigating climate change is one of the next frontiers for investor engagement. Here are ten key questions that management teams and IRO’s should consider to ensure their nature positive initiatives are robust, transparent, and effective: 1. What are our specific nature positive goals? •Clearly define what being “nature positive” means for your organization, including measurable targets relative to a baseline year. 2. How are we integrating biodiversity considerations into our overall business strategy? •Assess how biodiversity impacts your business operations and supply chains, and incorporate these insights into strategic planning. 3. What metrics are we using to measure our impact on biodiversity? •Identify standardized metrics that accurately reflect your company’s biodiversity impact and track progress toward nature positive objectives. 4. How do we plan to offset biodiversity loss resulting from our operations? •Develop strategies to mitigate potential biodiversity loss, including conservation efforts and habitat restoration projects. 5. What partnerships are we forming to enhance our nature positive initiatives? •Collaborate with NGOs, government agencies, and other stakeholders to strengthen efforts and share knowledge in biodiversity conservation. 6. How are we ensuring transparency in our reporting? •Commit to transparent disclosure of your biodiversity risks, initiatives, and progress to stakeholders, utilizing frameworks like the Taskforce on Nature-related Financial Disclosures. 7. What governance structures are in place to oversee our biodiversity commitments? •Establish clear accountability within the organization, ensuring that leadership is engaged in biodiversity-related decision-making. 8. How are we educating and engaging our employees on nature positive practices? •Foster a culture of sustainability by training and involving employees in biodiversity initiatives and best practices. 9. What steps are we taking to avoid greenwashing? •Ensure that your claims about nature positive efforts are backed by credible actions and data, minimizing the risk of being accused of greenwashing. 10. How will we adapt our strategies as the understanding of biodiversity evolves? •Stay informed about emerging trends, regulations, and scientific advancements related to biodiversity, and be prepared to adapt your strategies.
To view or add a comment, sign in
-
NEW REPORT JUST LANDED - Biodiversity in Action: Strategies & Pathways for Business by edie. I urge all businesses to download this practical guide sponsored by National Parks Partnerships and start addressing the biodiversity action gap. #Biodiversity #Sustainability #CorporateResponsibility #COP16 #BusinessStrategy #Edie #UKNationalParks #NationalParks #CorporatePartnership
🌍 NEW BIODIVERSITY REPORT LAUNCHED 🌍 As COP16 concludes, the urgency of addressing the biodiversity action gap has never been clearer. We're proud to sponsor "Biodiversity in Action: Strategies & Pathways for Business" by edie. This practical guide is designed for corporates seeking to engage with nature and biodiversity effectively. Inside, you’ll find valuable tips and inspiring case studies from our National Parks Partners, BMW UK, The Estée Lauder Companies Inc., and Santander UK. David Bourque, Development Director at National Parks Partnerships, highlights the urgency: “It’s a critical time for global biodiversity. We have already lost 73% of the world’s animal populations since 1970, and that trajectory will continue unless we all – governments, citizens, and businesses – take drastic action. We’re proud to partner with Edie on this important guide, which helps businesses from every sector take steps to improve biodiversity – no matter how big or small – and play their part in making the world a more sustainable place.” 🔍 Key Insights: - Fewer than 30% of companies have set clear, actionable biodiversity goals within their sustainability strategies. - Alarmingly, 90% of large corporations fail to report ecological outcomes from their restoration efforts, and none are quantifying impacts on local communities. - Up to 55% of the global GDP—$58 trillion—has been estimated by PwC as dependent on nature. At National Parks Partnerships, we’ve been working with companies to deliver positive impacts across our landscapes since 2016. It’s time for businesses to step up and take decisive action for our planet. Let’s close the biodiversity gap together! 📥 Download your copy here: https://lnkd.in/e3tg78_B #Biodiversity #Sustainability #CorporateResponsibility #COP16 #BusinessStrategy #Edie #UKNationalParks #NationalParks #CorporatePartnership Join the conversation and let’s drive meaningful change! 🌱
Biodiversity in Action: Strategies & Pathways for Business - edie
edie.net
To view or add a comment, sign in
-
Incorporating #biodiversity into your #ESG #strategy can be overwhelming, but it’s essential. Our article breaks down three actionable steps, including mapping your dependencies and setting measurable goals. Ready to take action? Read now 👉 https://lnkd.in/gZbgPbGc. Want even more insights? Download our whitepaper for a detailed guide on biodiversity integration. #TNFD #sustainability #SustainableBusiness
Integrating TNFD into Your Biodiversity Strategy for Success - Green Quarter ESG
https://greenquarteresg.com
To view or add a comment, sign in
-
The first pioneering Biodiversity Pilot Programme of Nefco - the Nordic Green Bank was a great success. 🌍🌿 I am thrilled to announce that we shall continue building the momentum with our portfolio companies in adopting #nature into their business models and strategy. With #COP16 underway, this initiative is a powerful example of how the private sector can approach nature-positivity with concrete actions. Together, we're building a sustainable future where business and #biodiversity thrive side by side. 🌱 #Biodiversity #SustainableBusiness #GreenEconomy #CorporateResponsibility #GreenFinance #Risk4Green
🌿 We’re excited to share the continuation of our pioneering Biodiversity Pilot Programme! 🌱 The initiative focuses on integrating actionable steps to enhance biodiversity in company operations, striving for long-term sustainability. In the first pilot programme, we supported six small and medium-sized companies in identifying biodiversity-related risks and opportunities in their activities. Now, we’re looking to engage new pilot companies among our clients for the second round! ✨ 💬 “This is a great opportunity for our portfolio companies. We are excited about this journey with our clients and scaling up the learnings from the first pilot programme,” shares Katariina Vartiainen, our Senior Manager for Environment and Sustainability. Discover more about the programme and hear from our initial pilot companies on our website. #Biodiversity #Sustainability #FinanceForNature #NordicGreenBank #COP16Colombia UN Biodiversity
Preventing nature loss in collaboration with SMEs – Nefco’s successful biodiversity pilot programme continues with new pilot companies | Nefco
https://www.nefco.int
To view or add a comment, sign in
-
New technologies in the forefront of biodiversity monitoring. "As a sustainability leader, you understand biodiversity's critical role in long-term business success and environmental responsibility. However, accurately measuring and reporting your assets' biodiversity impact across diverse ecosystems can be a real challenge. But it doesn’t need to be." (Earth Blox). In the study below, biodiversity scores for palm oil facilities around the world were calculated in Earth Blox using TNFD's L.E.A.P. approach. https://lnkd.in/ezUiDNgX
TNFD: Assessing the biodiversity impact of palm oil facilities using the L.E.A.P approach
earthblox.io
To view or add a comment, sign in