Navigating the Biodiversity Disclosure Landscape

Explore the opportunities and challenges in the biodiversity-related disclosure landscape

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Nature loss is increasingly recognized as a critical risk to both the private sector and the broader economy, addressed by international policy frameworks like the Global Biodiversity Framework (GBF), evolving regulatory requirements, and growing stakeholder expectations. In this context, disclosures play a vital role in helping companies understand their interactions with the natural world and develop meaningful action plans. However, companies face challenges in navigating the evolving landscape of standards and guidelines, as well as the absence of a common metric to quantify impacts and track progress effectively. At the same time, rapid advancements in marine monitoring technologies offer a significant opportunity to enhance the accuracy, granularity, scalability, and feasibility of biodiversity assessments, paving the way for more robust and reliable nature-related disclosures.

This paper provides an overview of the opportunities and challenges for companies to understand their environmental impacts and dependencies and transition towards a nature-positive business model. It examines the alignment of existing biodiversity reporting guidelines and standards, reviews existing biodiversity metrics, and explores ideas from ecological literature. It also provides an overview of monitoring technologies and methodologies specific to the marine environment to assess impacts on nature and track the efficiency of mitigating actions.