At a glance:
- Over 1,400 companies are calling on governments to adopt policies to reach nature positive by 2030.
- Nature positive means halting and reversing nature loss by 2030 and achieving full recovery by 2050.
- More and more companies are committing to the initiative, but the approaches being adopted vary greatly in quality.
- Columbia Threadneedle Investments outline six attributes that make a good nature positive commitment and assess how a range of companies are stacking up.
Over 1,400 companies are calling on governments to adopt policies to reach nature positive by 2030. 95 British businesses have signed up to a collective goal to be nature positive by 2030, and a third of the global mining industry has committed to reach nature positive by 2030 through the International Council on Mining and Metals.
Nature positive is the net zero equivalent for nature – it entails halting and reversing nature loss by 2030 and achieving full recovery by 2050. This objective was formalised by the Kunming-Montreal global biodiversity framework in 2022 which functions as the Paris agreement for nature.
Nature positive commitments are rapidly proliferating in the corporate world, but like the early days of corporate climate commitments we are seeing a variety of quality. This ESG viewpoint will explore the murky world of nature positive commitments, and how the responsible investment team at Columbia Threadneedle Investments are scrutinising the approaches that their investee companies are taking to reduce their exposure to nature-related risks and separate the green from the greenwash.
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