The Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services
(IPBES) Global Assessment has estimated that 1 million animal and plant species are threatened with
extinction. The International Union for Conservation of Nature (IUCN) finds that more than a quarter
of all assessed species are threatened. There is thus an ever-growing need for companies to report
progress on halting biodiversity loss, despite the challenges of measuring biodiversity impacts.Companies must set a target to halt and reverse biodiversity loss, specifying one of the following:
A target to halt or reverse biodiversity loss
A target to restore or protect habitats
A target specific to species that are conserved or the status change in species conservation. These should be aligned with frameworks such as (i) Kunming-Montreal Global Biodiversity Framework, (ii) The Biodiversity Plan, (iii) Science-Based Target for Nature (SBTN), and (v) Taskforce on Nature-related Financial Disclosures (TNFD)
Has a target specific to the number of ecological corridors established to connect fragmented habitats or crucial for species migration and genetic diversity
Has a target specific to area of habitat restored, protected, or enhanced, which it clearly and explicitly associates with biodiversity
Has a target specific to ecosystem services like amount of carbon sequestered or water purified, or soil stability improved, which it clearly and explicitly associates with biodiversity

Targets must be:
1)Clearly biodiversity-related (or species-related) and linked to acceptable metrics (see metrics below), OR;
2)Outline specific commitments using acceptable formats (see accepted formats below), OR;
3)Use established biodiversity tools and frameworks to guide target setting

Metrics that can be used for measuring biodiversity targets include but not limited to:
**Species-Specific Metrics**: Including the number of individuals of particular species that are conserved or the status changes in species conservation (e.g., moving from 'endangered' to 'vulnerable' on the IUCN Red List).
**Connectivity Metrics**: Such as the number of ecological corridors established to connect fragmented habitats, crucial for species migration and genetic diversity.
**Area-Based Metrics**: Such as hectares of habitat restored, protected, or enhanced. This is common for conservation projects focused on specific geographic areas. These metrics will only count towards this element when the target is clearly and explicitly biodiversity-related.
**Ecosystem Services Metrics**: Measures like the amount of carbon sequestered, water purified, or soil stability improved through ecosystem restoration or conservation efforts. These metrics will only count towards this element when the target is clearly and explicitly biodiversity-related.

Companies may refer to SBTN and TNFD biodiversity target-setting tools.

Following guidance from SBTN, for biodiversity targets we may also accept targets with the following format:
"By [target end date], [Company X] will cap (not increase) its sourcing of [species] from [stock name] compared to a [date] baseline."
"[Company X] will engage in [initiative name] in [location] by [target start date] to reduce overexploitation in [stock name] by [target end date] as compared to [target start date] baseline."
"By [target end date], [Company X] will reduce its sourcing of [species] from [stock name] by X% compared to a [date] baseline."
"By [target end date], [Company name] will cease to source seafood with material impacts on [ETP marine wildlife] in [location]."
"By [target end date], [Company name] will reduce risk of negative impacts to [ETP marine wildlife] in [location] from [fishery operations]."
"[Company name] is engaged in [initiative name] in [location] to reduce risks to [ETP marine wildlife] by [target end date] as compared to a [target set date] baseline."
"By [target end date], [Company name] will enact standards of best practice for [fisheries/aquaculture] at [fishery/farm location] to avoid impacts to [found habitats]."
"[Company name] is engaged in [initiative name] in [location] to achieve [stated goal relevant to habitat protection] by [target end date] as compared to a [target set date] baseline."