We cherish nature because it is important, but we lose it because it is free. The economy is entirely a subsidiary of nature, not the other way around. Although Nature is our largest shareholder, we do not have a seat at board tables around the world. A recent study by S&P Global Sustainable (2023) found that 85% of the world’s largest companies rely heavily on nature across their direct operations. However, according to the World Benchmarking Alliance (2024), only 2% of companies have boards that can demonstrate relevant expertise on topics such as biodiversity and climate. How can you protect your business by protecting nature? And how can you open up new investment opportunities? If there is a table for her, nature will What does it tell us?
This report provides guidance to help financial institutions’ boards navigate these complex issues by providing a clear approach to identifying, managing and reporting nature-related risks and opportunities. This allows these considerations to be effectively integrated into governance and strategic decision-making within the organization. It also includes a helpful blueprint outlining key actions and goals aimed at embedding nature-related considerations at the core of executive leadership.
