How Biodiversity impacts business: a reporting guide for companies (PM)

The Climate Disclosure Standards Board is an international consortium of business and environmental NGOs. We are committed to advancing and aligning the mainstream corporate reporting model to equate natural capital with financial capital.

Climate Disclosure Standards Board

Join the discussion on nature and finance as CDSB launches the Biodiversity Guidance

Corporate reporting on Biodiversity

CDSB is launching a reporting guide for companies to disclose material biodiversity-related information

Biodiversity loss is a critical issue, exacerbated by climate change and interconnected with other environmental matters, such as water. The unprecedented decline of nature and loss of species is inextricably linked to people and the economy. For example, the documented decline in insect populations puts at risk USD 235 – 577 billion of crop production that is dependent on pollination and deforestation; while land degradation cost as much as USD 6.3 trillion a year through the impact on forest and agricultural productivity. But, how can companies account for the risks, opportunities, impacts and dependencies linked to biodiversity? Providing consistent, comparable, and decision-useful information to investors with the same rigour as financial information can ensure that investors are able to make capital allocations towards more sustainable and resilient businesses. During this event we will launch CDSB’s highly anticipated application guidance to the CDSB Framework – the Biodiversity Application Guidance. The aim of the guidance is to support companies in disclosing material biodiversity-related financial information, extending the Recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD) to nature. The Biodiversity Guidance helps companies to get started and enhance their reporting. While the IFRS Foundation’s International Sustainability Standards Board (ISSB), announced on 3 November at COP26, works at pace to release the climate standard with the intention to cover all sustainability topics in the near future, this publication can be used to provide imperative guidance for companies for the benefit of investors and other stakeholders. Workshops for companies
Following the launch of the guidance, CDSB will be hosting practical workshops on 4 December for companies "Disclosing beyond climate: focus on biodiversity and water-related information." <a href="https://eu.jotform.com/form/213123449539356" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Click here to express your interest.</a>

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How Biodiversity impacts business: a reporting guide for companies (PM)

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How Biodiversity impacts business: a reporting guide for companies (PM)

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