Is your business ready for a nature-positive world?

Posted: 28/11/2022

Every entity, from small businesses and NGO’s to corporations and governments, must become the solution to reversing biodiversity loss now

The Earth’s biosphere is the foundation upon which all our human systems are built – be it social, political, economic, cultural or virtual. These abundant and diverse natural resources enabled unprecedented and exponential human growth and development over the past century and a half, a period also known as the Great Acceleration. However, the associated degradation of natural ecosystems, loss of nature and biosphere resilience has created a biodiversity crisis that is nearing a catastrophic tipping point. Critically, this has been largely enabled by the decoupling and disconnection of human development activities from nature, as businesses are dominated by a focus on short-term profits and economic growth. Thus, the role of nature and biodiversity in business has never before been so critical, so much so that this decade must be the turning point for us to become nature positive again and allow people, economies and nature to thrive simultaneously.

Every entity, from small businesses and NGO’s to corporations and governments, must become the solution to reversing biodiversity loss now, contribution to the solution and working together to becoming Nature Positive by 2030. To achieve this, nature, biodiversity and ecosystems must (and will) become integrated into all development-related decision making processes, which increasingly link to climate, land and other sustainability goals. For instance, the COP15 meeting being held next month (December 2022) is a keystone meeting where the Parties to the Convention of Biological Diversity will decide on the way forward to halt the destruction of nature by all and become Nature Positive by 2030. Many renewed and urgent targets are expected to be released, including the Post-2020 Global Biodiversity Framework will provide additional targets for towards no-net-loss of nature. Moreover, disclosures on nature are expected to become mandatory for all large businesses and financial institutions, especially since the voluntary Aichi Targets from COP10 have not been met.

Thus… how are you preparing your business or institution for this critical shift in nature requirements? Are biodiversity goals adequately covered in your ESG or Impact strategy and reporting structures? Does your impact measurement and monitoring system quantify and cover all the necessary biodiversity and nature-based goals and targets? If so, are they linked to your climate, land, water and social goals? Or, if not, where are you on your sustainability or ESG journey so that we could help you move onto the next step and not fall behind? How can we at Paragon Impact help you thrive in a nature-positive world?

Paragon Impact is a global expert tech company specialising in digital impact analysis with a mission to reduce the complexity of ESG and sustainability reporting. They empower organisations to make more informed decisions in order to manage their Environmental, Social and Governance (ESG) risks, achieve their impact goals and ultimately contribute to Agenda 2030, whilst communicating their performance in a sophisticated manner.

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