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NAT.B07.EE Resource Exploitation and Circularity Performance Reporting
Does the company report quantitatively on its group-wide circularity performance (e.g. circular material productivity)?
18114144
Researched

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 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.

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 partially met could include Environment Profit & Losses with clear circular link (methodology used needs to be clear and accessible), turnover of products based on renewable resources and/or sustainable materials (if not at group-level but clear methodology). Can be partially met.

Keywords: CTI revenue, circular material productivity

Value Type
Category
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Yes
No
Not Applicable
Partially
Research Policy
Designer Assessed
Report Type
Aggregate Data Report