The Importance of Nature
55% of global GDP is moderately or highly dependent on Nature’s resources. Understanding the level of that dependency, and what is required of an organisation to mitigate climate impact and regenerate nature, is a critical component of a decarbonisation strategy. It underpins the delivery of circular solutions, addresses Scope 3 emissions and is a catalyst for innovation and value creation.
CLC CEO members have co-designed and developed the NATStart digital tool to assess and prioritise material aspects of their exposure to Nature, and to build a business case for the adoption of the Taskforce on Nature-related Financial Disclosures (TNFD)
Nature Starter: Practical steps to integrate Nature into business strategy
In 2023, we recognised the profound importance of embracing Nature as core to business strategy.
Recommendations for Nature-related risk management and disclosure through the Taskforce on Nature-related Financial Disclosures is a clear signal that the expectations of global capital markets, regulators, governments and other stakeholders are shifting, with global mandatory disclosure likely within 2–5 years.
We recognised the importance of action now and identified an opportunity to get to Nature-based Assessment and Strategy faster. We designed a digital tool (NatSTART) that enables our members to prioritise likely material aspects of their exposure to Nature impacts and build a credible business case for Nature-based assessment. NatSTART is an adjunct to existing Nature Risk Assessment frameworks and does not duplicate or replace the assessment guidance in the TNFD, Science-Based Targets for Nature (SBTN) or similar.
To register your interest for NATStart, The Nature Starter Tool, please fill out our contact form.
