Investors push for greater corporate action on nature loss

26/9/2023 19:07

        A group of 190 investors have joined the Nature Action 100 initiative which aims to push the world's leading companies to do more to protect and restore
        nature and ecosystems.
        
        The group, soft-launched at the COP15 global talks on biodiversity in December, said it had begun to engage with the companies in sectors from mining to chemicals and consumer goods by writing a letter setting out its expectations.
        
        Among the initial requests are that boards publicly commit to minimise nature loss and conserve and restore ecosystems at operational level and throughout supply chains by 2030; and disclose linked dependencies, impacts, risks and opportunities.
        
        The companies should also set time-bound, science-based targets and disclose annual progress; establish board oversight; and work with stakeholders including trade bodies to create an "enabling environment" to meet the goals.