Corporate Nature Action
How companies are taking action on nature, setting targets, and implementing nature-positive strategies.
Overview
Corporate nature action refers to the steps companies take to understand, reduce, and reverse their negative impacts on nature while creating positive outcomes. Like climate action, it's evolving from voluntary to mandatory, with leading companies making ambitious nature commitments.
Why Corporate Nature Action Matters
Business Case
- Risk mitigation: Physical, regulatory, reputational risks
- Opportunity: Growing nature-positive market
- Value creation: Natural capital preservation
- Stakeholder expectations: Investors, consumers, employees
External Drivers
- Regulation: EU Biodiversity Strategy, TNFD
- Investors: PRI, institutional ESG
- Customers: Sustainable procurement
- Employees: Purpose-driven work
Components of Nature Strategy
1. Assessment
Understanding your relationship with nature:
- Dependency mapping: Ecosystem services used
- Impact measurement: How you affect nature
- Materiality: Priority issues
- Baseline: Current state
2. Target Setting
Defining what you want to achieve:
- Science-based targets: Aligned with planetary boundaries
- No net loss: Offset residual impacts
- Net positive: Go beyond neutral
- Restoration: Active ecosystem repair
3. Action
Implementing changes:
- Operations: Reduce footprints
- Supply chain: Sustainable sourcing
- Products: Nature-positive offerings
- Investments: Nature-based solutions
4. Reporting
Disclosing progress:
- TNFD-aligned: LEAP framework
- GRI: Biodiversity reporting
- CDP: Forests, water questionnaires
- Annual reports: Integrated reporting
Target-Setting Frameworks
Science Based Targets Network (SBTN)
Process for corporate targets:
- Assess: Materiality analysis
- Interpret: Prioritize issues
- Set: Define science-based targets
- Act: Implementation
- Track: Monitoring and reporting
Types of Targets
- Land: No conversion, restoration
- Water: Quality and quantity
- Oceans: Coastal and marine
- Species: Population health
Examples
Danone: Regenerative agriculture across supply chain
Nestlé: Deforestation-free supply chain, reforestation
Unilever: Land use positive, water stewardship
Action Areas
Operations
- Site management: Habitat creation, green spaces
- Facilities: Biodiversity-friendly design
- Energy: Renewable + nature-positive
- Water: Stewardship, reuse
Supply Chain
- Sustainable sourcing: Certified commodities
- Deforestation-free: Forest-risk commodities
- Supplier engagement: Capacity building
- Traceability: Origin mapping
Products
- Sustainable design: Lower footprint
- Circularity: Regenerative materials
- Life cycle: End-of-life considerations
- Innovation: Nature-positive solutions
Investment
- Nature-based solutions: Direct investment
- Restoration: Reforestation, wetland
- Conservation: Protected areas
- Innovation: Technology development
Leading Companies
Nature-Positive Commitments
L'Oréal: Net-zero emissions, water loop, biodiversity
Kering: Environmental Profit & Loss, nature-positive
Interface: Climate Take Back, biodiversity positive
Patagonia: 1% for the Planet,再生 program
Industry Initiatives
Valuing Nature: Natural capital business coalition
Business for Innovative Climate Policy: Advocacy
Biodiversity in Good Company: German corporate initiative
Practical Guidance
Getting Started
- Commit: Public nature commitment
- Assess: Materiality and baseline
- Set targets: Science-based
- Act: Implement changes
- Report: Disclose progress
- TNFD LEAP: Assessment framework
- ENCORE: Dependency mapping
- SBTN: Target-setting
- Natural Capital Protocol: Valuation
Key Takeaways
- Nature action is increasingly essential
- Growing regulatory and market requirements
- Science-based targets provide credibility
- Supply chain is major opportunity/risk
- Integration with climate strategy needed
- Transparency builds stakeholder trust
- Nature-positive is the direction of travel
References