- Forética presents the report 'The Nature Moment: Steps to be 'Nature Positive' in the framework of its initiative 'Nature Business Ambition', with the aim of promoting business action on the recovery of nature and biodiversity.
Forética has presented the report The Nature Moment: Steps to be 'Nature Positive'. within the framework of the 'Nature Business Ambition' initiative -led by Forética and made up of ten large companies-, with the aim of promoting business action on the recovery of nature and biodiversity, as key axes to achieve a "Nature-Positive" planet in 2030.
The 'Nature Business Ambition' initiative is made up of ten large companies: Accenture, Damm, EDP, ENGIE, Gestamp, Holcim, Leroy Merlin, Naturgy, OHLA Group and Sacyr. Forética has organized today, together with the companies participating in the initiative, the first edition of the 'Nature Business Ambition Forum' meeting. The forum analyzed the implications for companies of the Kunming-Montreal global framework for biodiversity, the result of the COP15 on Biodiversity organized in Montreal in December, which contains an unprecedented involvement of the private sector, directly alluding to companies in one of its goals.
Pablo García, Manager of Forética's 'Nature Business Ambition' initiative, says: "After being relegated to the background, the time has come for nature. It is time to accelerate business action on nature, as one of the three major global challenges that need an urgent response included in the 'Vision 2050' roadmap , launched within the framework of the Spanish Business Council for Sustainable Development. All of this with a regenerative approach that helps restore and nurture the social and environmental systems on which business activity depends."
The report analyzes the business case for the corporate management of nature to make visible and catalyze the consideration of biodiversity risks and opportunities and their relationship with the fulfillment of other extra-financial objectives, such as climate objectives. According to the United Nations, nature is "one of the most effective ways" to combat climate change and must be an essential part of all plans to reduce global warming. By relying on it, global greenhouse gas emissions can be reduced by up to a third by 2030.
Forética has developed a roadmap with six steps to achieve a complete integration of nature into business strategies: evaluate and prioritize, measure and assess, set objectives, act and transform, monitor and verify, and report.
Science-based target setting in nature is one of the most challenging, but key steps towards a full integration of nature into business strategy. Forética has therefore partnered with the Science-Based Targets Network (SBTN), joining the Corporate Engagement Program, to help define science-based target setting standards and methodologies for biodiversity, water, land and oceans.
Corporate commitment to nature
The meeting 'Nature Business Ambition Forum' organized by Forética addressed the implications for companies of the new global framework on biodiversity. María Jesús Rodríguez, general director of Biodiversity, Forests and Desertification of the Ministry for Ecological Transition and the Demographic Challenge, and the deputy director of the Biodiversity Foundation, Sonia Castañeda, were present. The international perspective was provided by Humberto Delgado, director general of Biodiversity of the European Commission, and Eva Zabey, executive director of Business for Nature.
In addition, companies that are part of the initiative have shared their experience on the need and motivation to promote business action in this area, with the intervention of Carmen Díaz, CEO of Holcim España; Nuria Rodríguez, director of Environment and CSR of Grupo Naturgy; María Morales, head of Climate Change and Biodiversity at Leroy Merlin España; Alfonso Pascual, director of People & Communication and ESG at ENGIE Spain; Claudia Pérez, environmental specialist at Sacyr; Aída Rodríguez, managing director Green Finance Lead at Accenture; Yolanda Fernández, director of Environment, Sustainability, Innovation and Climate Change at EDP Spain; and Alba Linares, CSR manager at Damm.