Mainstreaming nature in business: Key insights and tools from the SUSTAIN close up day

🌿Mainstreaming nature in business: Key insights and tools from the SUSTAIN clos up day

On 21 January in Brussels (BE), the partners and participants of the SUSTAIN project spent a full to draw the main lessons from this project. Key topics included:

⚡From risk exposure to risk criticality

Moving from identifying risk exposure to evaluating which nature-related risks are most critical for companies. I.e. to assess the severity and strategic importance of these risks for the company (see carousel). At that step, use financial data when it comes to board-level trade-offs, risk comparison, investment prioritisation.

💫 How to step in a nature transition phase

Encouraging companies to transition to nature-positive practices. Action plan is a long story in conservation, quite new in business. One way is to leverage the existing monitoring that provides data on pressures. Another could be to internalize the externalities to support actions (see carousel).
For more details about corporate action plan, look at the TNFD guidance on nature transition plan: https://tnfd.global/nature-transition-plans/

🛠️ Nature Tool Compass, a very valuable support

A new resource guiding users through tools aligned with the LEAP approach (see carousel)! Access it here: https://resources.unep-wcmc.org/products/WCMC_DT010

ENCORE online platorm updates

Highlights from ENCORE’s recent update include enhanced DI assessment, improved risk analysis, new mapping features, and better knowledge alignment with IUCN ecosystem typology. … (see carousel).

Kudos to the organisers for this productive event!

Thanks to everyone for the insightful discussions: Alena Cierna, Antonin Vergez, Elodie Chene, Damien Mittempergher, Daan Groot, Lola Bourboulon, Mariana Martinez del Rio, Mark van Oorschot, Martine Van Weelden, Natalia Abril Bonilla, Robert-Alexandre Poujad, Shanon Bergema, Sjoerd van der Zwaag.

With 💪🏼 and 💡 from BioPerf.biz.