From disclosure to action: CSRD and science-based targets for nature

The article describes how by complementing the Corporate Sustainability Reporting Directive (CSRD) and science-based targets (SBTs), companies can actively address their impacts and quantify their contributions to nature-positive outcomes. As a complement to the CSRD, SBT empowers companies to actively address their impacts and quantify their contributions to nature-positive outcomes.

Both the CSRD and SBT can support transitions to more sustainable corporate practices. They are complementary but distinct, with the aim of achieving different results. This is explored in the article through three possible cases: Reporting disclosures, the CSRD's primary emphasis is on disclosure but it is the companies that choose the approach to assess materiality. Beyond disclosures, SBTs allow for planning for the transition of the nature of entities. Long-term value, the combination of CRSD and SBT helps companies build capacity and to adapt to emerging trends and stay ahead of future requirements.