No Match Found
Since the adoption of the Kunming-Montreal Global Biodiversity Framework (GBF), the need for businesses to accelerate action on nature continues to grow.
A recent report by PwC’s global Centre for Nature Positive Business shows that over 55% of the world's GDP ($58 tn) is highly or moderately dependent on nature. This dependence leads to very real risks for businesses and financial institutions, from disruptions to goods and services that businesses rely on, to regulation that limits practices that have the potential to harm biodiversity and ecosystems.
There is also growing demand from consumers and investors for businesses to reduce their impact on nature. Despite this, research from the World Benchmarking Alliance shows that less than 1% of companies know how much their operations depend on nature.
By hovering over the bar chart, you will be able to see the % of this industry which has a low, moderate or high dependency on nature
Navigating this complex landscape can feel overwhelming for businesses. As part of the ‘It’s Now for Nature’, the Business for Nature coalition (in collaboration with PwC UK) has created a new Nature Strategy Handbook that provides recommendations for all businesses - whether corporates or financial institutions - on how to set a forward looking nature strategy and where to find useful tools and resources.
The Nature Strategy Handbook has been developed to align and build on the requirements of current nature-related frameworks and regulations such as the Corporate Sustainability Reporting Directive (CSRD), the Taskforce on Nature-related Financial Disclosures (TNFD), the Science-based Targets Network (SBTN) and other key frameworks and disclosure requirements.
“The Nature Strategy Handbook provides a common direction for all businesses to begin or continue their journey towards a nature-positive future by setting a nature strategy. It offers a step-by-step guide on how to write a credible nature strategy and where to find the most useful tools and resources. We hope this helps businesses of all sizes and geographies accelerate the transition to a nature-positive, net-zero and equitable future.”
Sustainability Practice Leader, PwC UK
‘It’s Now for Nature’ is a global campaign that aims to rally businesses to act on nature and contribute towards a nature-positive world by 2030. The campaign encourages businesses and financial institutions to use the newly created Nature Strategy Handbook to develop and publish a nature strategy.
The Nature Strategy Handbook builds on the ACT-D High-Level Business Actions on
Nature (Assess, Commit, Transform and Disclose) to show businesses what the key
components of a credible nature strategy are.
The Nature Strategy Handbook will help businesses to:
As the official knowledge partner to the ‘It’s Now for Nature’ campaign, PwC UK are pleased to share the new Nature Strategy Handbook and recommend all businesses to use this resource to begin the development or build on their existing nature strategy. All businesses are encouraged to join 'It's Now for Nature' by developing and submitting their nature strategy on the ‘It’s Now for Nature’ website. Being part of the campaign supports transparency and engagement with stakeholders, including customers, governments, shareholders and investors.
 An online survey was conducted in English with 204 sustainability and nature experts across the world between September 13 and October 20, 2023. Experts come from a wide range of sectors including academia, non-government organisations, companies and industry associations, government, multilateral organisations, consultancies, and research organisations.