The relentlessly growing global economy is running out of sources for raw materials and sinks for waste. New avenues are required for companies to grow in ways that nurture rather than exploit nature, to maintain sustainable global development.
Approaches to understanding a company’s total impact on nature are nascent. Emerging frameworks can provide clarity and aid companies to understand their dependencies on nature, and opportunities from nature-based solutions. Such frameworks include the Taskforce on Nature-related Financial Disclosures and Science Based Targets Network.
Utilising these frameworks can improve supply chain resilience and productivity, and allow companies to get ahead of the curve on emerging legislation requiring companies to disclose and mitigate their impact on nature.
Whatever action you have taken and progress made, it is important to talk about it. Tell people what you have done and why. Be open. Be transparent.
There are different types of people whom you might want to communicate with customers and clients, employees, other businesses, governments and the general public. Be prepared to use a variety of formats such as social media, apps, podcasts, reports that relate to both the topic you are talking about and to whom you are talking.
Understanding the issues
Deciding on the right move for you or your business
Taking the steps to implement a plan
Reviewing, improving and progressing action
Resources to assist with monitoring and reporting