World Benchmarking Alliance+NAT.B01.EE Assessment of Impacts on Nature Including Biodiversity+About

This metric was designed by The World Benchmarking Alliance, more information can be found here. Sources and Alignments for each indicator can be found here as well as the scoring guidelines here

The World Benchmarking Alliance's Nature Benchmark measures and ranks the world's most influential companies on their efforts to protect our environment and its biodiversity.

This metric relates to the Indicator: The company assesses its impacts on nature, including biodiversity and nature's contributions to people, both within its own operations and the upstream and downstream parts of its value chain.

Rationale: Impacts on nature can be broadly described as changes in the state of ecosystems and species, resulting from human activity, occurring because of both direct and indirect drivers of biodiversity loss (IPBES, 2019). The benefits provided by biodiversity are essential to human wellbeing. Yet despite past and current efforts, biodiversity continues to deteriorate and could reach a disastrous tipping point under business-as-usual conditions. This is becoming a major concern for corporate activity, and there is growing demand for companies to disclose reliable data on this topic. However, according to the Climate Disclosure Standards Board (CDSB, 2021), this is currently no common practice and only around 10% of companies (CDSB, 2020) report high-level commitments and some relevant metrics. Disclosure will play a key role in achieving global biodiversity targets and in triggering the systemic changes required to do so.