Emerging nature regulatory and reporting frameworks are shifting rapidly to align with the global goals of the Kunming-Montreal Global Biodiversity Framework (K-M GBF). As a result, forward-thinking organisations are now looking to understand their impacts on nature and explore actions they can take to align with global goals for nature (e.g. Nature Positive). Many companies will be subject to the Corporate Sustainability Reporting Directive (CSRD) from 2025 onwards; and to emerging regulations in the coming years.
Nature-related assessment and disclosure frameworks to consider for large companies include:
- the Natural Capital Protocol;
- Task Force on Nature-Related Financial Disclosure (TNFD);
- Science Based Targets Network (SBTN);
- GRI (Global Reporting Initiative);
- CDP (Carbon Disclosure Project);
- International Sustainability Standards Board (IFRS)
- Sustainability Disclosure Standards;
- Accountability Framework Initiative;
- Align Project – Aligning accounting approaches for Nature.
The Nature-based Insights team helps large organisations navigate nature-related frameworks, legislation and metrics applicable to the private sector. In particular, we provide insights on business nature-related frameworks, regulations, and biodiversity metrics for organisations to consider when designing their internal analytical framework.
We draw on insights from our work as technical support for the TNFD pilots (Global Canopy pilots, 2024; and TNFD LEAP guidance, 2023), SBTN, and in designing monitoring and evaluation frameworks (such as our work with Circular Bioeconomy Alliance), as well as many years of expertise of our team’s rigorous academic research experience in environmental science, ecology and business to design methods based on nature-related frameworks and metrics with the highest scientific integrity.
29 February 2024