Global climate initiative Nature Action 100 has detailed its investor expectations in its drive to support urgent corporate action on nature loss, as well as highlighting the key sectors its members are set to engage with.
In a June 26 media release, Nature Action 100 outlined its investor expectations as falling into six focus areas. The first involves “ambition” and requires companies to publicly commit to minimize contributions to key drivers of nature loss and to conserve and restore ecosystems at the operational level and throughout value chains by 2030.
Another focuses on “assessment” and asks companies to assess and publicly disclose nature-related dependencies, impacts, risks, and opportunities at the operational level and throughout value chains.
The third focus area examines “targets” and sets out time-bound, context-specific, science-based targets informed by risk assessments on nature-related dependencies, impacts, risks and opportunities.
The remaining focus areas examine implementation, governance, and engagement.
These expectations will be sent to a finalized list of focus companies later this year.
Nature Action 100 also identified eight sectors which are deemed to be systemically important in reversing nature and biodiversity loss by 2030.
These are biotechnology and pharmaceuticals, chemicals, household and personal goods, consumer retail goods, food, food and beverage retail, forestry and paper, and metals and mining.
“These sectors are major drivers of nature loss due to their large impacts on habitat loss, overexploitation of resources, and soil, water, and solid waste pollution,” Nature Action 100 explained.
Nature Action 100’s launching investor group includes BNP Paribas Asset Management, Domini Impact Investments, Federated Hermes, and Storebrand Asset Management.