After decades of corporate good intentions but mixed results, regulators and investors are no longer satisfied with promises to curb emissions or protect biodiversity. The conversation has shifted to the practicalities of how to reduce emissions, manage environmental risks, and report these efforts with credibility and transparency. While for many years the core focus was on climate change and greenhouse gas emissions, recently, the call to action has been expanding across all nature assets and ecosystems, expanding both the opportunity for impact and the challenges for defining and measuring impact. Telling stakeholders you intend to be an effective steward of climate and nature isn’t enough. Increasingly, regulation requires firms to show, not just tell.
19 September 2024