World Benchmarking Alliance+NAT.B07.EE Resource Exploitation and Circularity Performance Reporting+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 demonstrates it is working towards decoupling economic prosperity from resource consumption and environmental degradation.

Rationale: The current dependence on a linear economy is largely responsible for most impacts on nature and biodiversity. Some 90% of biodiversity loss is caused by the way we extract and process materials, fuels and food (UNEP, 2019). Approximately 60 billion tons of renewable and nonrenewable resources are extracted yearly, a 15% augmentation since the 1980s (IPBES, 2019). Furthermore, following land and sea use change, the largest negative impact on nature is the direct exploitation, especially overexploitation, of natural resources and organisms via harvesting, logging, hunting and fishing (IPBES, 2019). By decoupling economic prosperity from resource consumption and environmental degradation, circularity offers opportunities for new and better growth that not only help safeguard and rebuild biodiversity but also provide benefits.