Nature Positive for Business. Developing a common approach

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Nature Positive for Business. Developing a common approach

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Integrating biodiversity into a business context

Nature, which encompasses the areas of water, biodiversity, soil/land and air/climate, continues to decline with significant negative impacts on society. Companies need to understand their impacts and dependencies on nature, manage their nature-related risks, and incorporate the value of nature into their decision-making to identify and implement opportunities that contribute to the overall goal of being nature-positive.

Achieving this goal requires collective action across sectors, value chains and landscapes. Fundamentally, the positive for nature represents systemic and transformative change rather than a "remodeling" of current practices. Utilizing prioritization approaches can allow companies to identify areas where they can make a material and significant contribution early on as systemic and transformative change is adopted across the enterprise. This report details principles, definitions, and recommended actions that can be used in decision-making by businesses, financial institutions, and civil society, in order to develop specific guidelines, policies, or plans that contribute to a global goal for nature and to the 2030 mission of the Kunming-Montreal Global Biodiversity Framework.

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