Why nature-loss is material for your business An introductory briefing on screening nature-related impacts and dependencies

SUSTAIN, Nadine McCormick, WBCSD, Amanda Griniece, WBCSD

Many businesses in the early stages of their
sustainability journey are not yet prioritizing nature as
a potential material risk, even though nature-related
issues are likely to affect all companies–whether directly
or throughout their supply chains, both upstream and
downstream.

This briefing aims to strengthen businesses’ understanding of
the need to first screen for potentially material nature-related
issues, using available tools and in discussion with relevant
stakeholders, and then to undertake further assessment and
action to halt and reverse nature loss.

It briefly distills recommendations from relevant guidance
and requirements, and signposts where global tools can
help, including how the ENCORE (Exploring Natural Capital
Opportunities, Risks and Exposure) tool can help breakdown the
complexity of nature.