Resource description:
All economic actors depend on and impact nature. Businesses, financial institutions and regulators are increasingly taking measures to better understand nature-related dependencies, impacts, risks and opportunities. Choosing the right tools to support a nature assessment can, however, be challenging.
The Nature Tools Compass addresses this challenge by providing an overview of over 70 tools and recommendations on how they can be helpful in different phases of nature assessment. All tools included in the Nature Tools Compass are licensed for commercial use and offer a free-of-charge access option. Each tool is mapped to the relevant phase of the LEAP approach developed by TNFD. The LEAP approach can help organizations prepare for reporting in line with TNFD as well as other standards and frameworks.
These include the International Sustainability Standards Board (ISSB) Standards, GRI Standards, European Sustainability Reporting Standards (ESRS) and Science Based Targets Network (SBTN).
Author/Contact:
UNEP-WCMC, Capitals Coalition, IUCN, Oxford Sustainable Finance Group, ShareAction and WBCSD