More about this guideline
Business is increasingly interested in valuing and measuring its impacts and dependencies on nature, in part as a way of managing reputational risk. In addition, some countries now require companies to include such information in their corporate reports. For example, in France, certain companies are required to report on their commitment to biodiversity conservation. However, business has found the documentation and methodology difficult to understand.
The IUCN French Committee prepared a study to help companies improve their biodiversity reporting methodologies, and this guidance could be applied to other countries, legal contexts, and industry sectors.
It is important to prioritise outcomes indicators rather than just processes, especially where the business has made biodiversity-specific commitments. For example, the report could include reference to the sites in a portfolio achieving No Net Loss or Net Gain targets, rather than number of sites with Biodiversity Action Plans or restoration plans.
References and Resources
IUCN French Committee 2014. Corporate biodiversity reporting and indicators. Situation analysis and recommendations. Paris, France https://portals.iucn.org/library/node/44861