NAT.B03.EA Location Disclosure
About the data
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 discloses the locations where it operates as well as those locations' position and impact on areas important for biodiversity.
Rationale: According to the Key Biodiversity Areas Partnership (KBA Partnership, 2018), one of the main issues driving biodiversity loss is the destruction, degradation and overexploitation of nature. It is therefore a priority for companies to identify which areas of our planet where they operate – including their value chain – are critical to protect. Global goals and targets on biodiversity are currently under negotiation and should be adopted in 2022 as the Global Biodiversity Framework (GBF). The current negotiating draft of the GBF includes a goal of ‘an increase of at least 15% in the area, connectivity and integrity of natural ecosystems', and a target to conserve ‘at least 30% globally of land areas and of sea areas, especially areas of particular importance for biodiversity and its contributions to people' (CBD, 2021).
Methodology
WBA analysed all publicly available group-level disclosure in English on the applicable group website, which was predominantly annual reports and sustainability reports. Draft assessments were then sent to each company inviting them to provide feedback. This feedback could include additional publicly available group disclosure published. These were then reviewed and finalised. Final assessments were then shared with each company before being published online.
For this metric companies should disclose the country and region for this to be met. A map without sufficient detail is not enough. All types of locations are to be included, such as offices and production sites.