Author/Contact:
Business for Nature, the World Economic Forum and The World Business Council for Sustainable Development.
Resource description:
Business for Nature, the World Economic Forum and The World Business Council for Sustainable Development have developed new guidance for 15 sectors. The sector-specific actions build on the high-level actions businesses should take to credibly help halt and reverse nature loss and contribute to an equitable, nature-positive economy.
All businesses need to Assess, Commit, Transform and Disclose (ACT-D high-level business actions on nature). They should acknowledge the value of nature to their business; assess and measure their impacts and dependencies on nature; set transparent, time-bound, science-based targets; take actions to address their key impacts and dependencies; and publicly disclose performance and other relevant nature-related information.
The typical impacts and dependencies inform the sector-specific priority actions that companies should take to transform their business and meet the ambition they have set out as part of a credible nature strategy.
Sectors covered:
- Agri-food
- Automotive
- Built Environment
- Cement and concrete
- Chemicals
- Energy
- Fashion and apparel
- Financial services
- Forest products
- Household & Personal care
- Mining and metals
- Pharmaceutical
- Travel and tourism
- Waste management
- Water utilities & Services