Nature-Positive Strategy. Practical Guidance for Corporates

The nature-positive agenda is a challenge to the usual way of doing business. It requires new ways of thinking, strategizing, operating, and doing business, as well as new objectives, goals, and ways of measuring and reporting progress.

Responding to the nature-positive agenda is not something that companies can put off. There is increasing pressure on companies to demonstrate that they are taking the right steps to minimise their exposure to nature-related risks and to contribute to the systemic changes needed to transition to a nature-positive economy.

Global frameworks and initiatives, such as the Kunming-Montreal Post-2020 Global Biodiversity Framework, the framework of the Working Group on Nature-related Financial Disclosures, and the Science Targets Network guidance on setting nature-related targets are rapidly raising expectations for regulation and reporting at national and subnational levels. which will shape the business response to the nature-positive agenda.

To remain competitive in their changing operating environment, companies can take clear action now to respond to the nature-positive agenda. Our paper offers practical guidance on how to design and implement a business strategy aligned with a positive nature.

We have defined six key principles that companies can apply to future-proof their corporate strategy:

• Principle 1 - Integrate goals for people, nature and climate.
• Principle 2 - Apply a holistic definition of nature.
• Principle 3 - Apply the mitigation hierarchy to contribute to a positive nature.
• Principle 4 - Contribute systemically to a positive nature.
• Principle 5 - Identify and act in priority locations.
• Principle 6 - Work towards an overall net profit from nature.