The growing complexity of compliance challenges and the demand for international alignment are pushing businesses to effectively manage their nature-related footprint.
Biodiversity Policy Landscape
The global biodiversity policy landscape is increasingly focused on the conservation and sustainable use of natural resources due to significant biodiversity loss. International agreements like the Convention on Biological Diversity (CBD) and Sustainable Development Goals (SDGs), national policies such as the EU's Biodiversity Strategy for 2030, and China’s Fourteenth “Five-Year-Plan" on ecological planning are on the rise.
A growing emphasis on nature-based solutions, ecosystem restoration, and green finance is trending with a focus on measuring the natural and biodiversity impact of economic activities. The private sector, influenced by frameworks like the Taskforce on Nature-related Financial Disclosures (TNFD), is integrating biodiversity into corporate sustainability strategies and supply chain due diligence for compliance and risk management.
Action Points For Companies
TNFD x EU ESRS (CSRD) Mapping
All 14 disclosures recommended by the Taskforce on Nature-related Financial Disclosures (TNFD) are addressed in the European Sustainability Reporting Standards (ESRS) in compliance with the EU Corporate Sustainability Reporting Directive (CSRD). There is also strong consistency between the TNFD’s core global disclosure metrics and the related metrics in the ESRS.
Case Study
More case studies and best practices across industries are available here.
Contact us at info@gc-insghts.com to find out your next step in managing nature-related footprint and TNFD-aligned nature reporting.
Read more about TNFD and our top tips for measuring biodiversity impact and setting biodiversity targets here:
Not sure Why You Need to Become a TNFD Adopter Now and in-need of A Practical Guide, please visit:: https://www.gc-insights.com/report/why-you-need-to-become-a-tnfd-adopter-now%3A-a-practical-guide
For guidance and recommendations on Nature-Related Disclosures with TNFD, please visit: https://www.gc-insights.com/report/tnfd-recommendations-for-nature-related-disclosures-published
For an overview of international actions on biodiversity, methods for measuring biodiversity for companies and assets, and the latest recommendations from the TNFD for reporting on biodiversity, please visit: https://www.gc-insights.com/report/biodiversity:-emerging-trends-&-measurements
For highlights of sector exposures to nature loss and their dependence on nature and the UN’s “30 by 30” biodiversity targets, and more biodiversity insights for investors, please visit: https://www.gc-insights.com/report/“30-by-30”-biodiversity-target-for-investors
Contact us if you would like to discover more topics in nature and biodiversity, targeted research is also available. For example, this report discusses the importance of the "Blue Economy" and "Water Footprint" as Key Performance Indicators (KPIs) for asset managers, highlighting the role of water resources management, water risks management, and the potential financial impacts of water risks. Read more here: https://www.gc-insights.com/report/“blue-economy”-%26-“water-footprint”-as-kpi-for-asset-managers