Jane Carter Ingram, Emily J McKenzie, Kenneth J Bagstad, John Finisdore, Rayne van den Berg, Eli Fenichel, Michael Vardon, Stephen Posner, Marta Santamaria, Lisa Mandle, Richard Barker, James Spurgeon
Nature loss threatens businesses, the global economy and financial stability. Understanding and addressing these risks for business will require credible measurement approaches and data. This paper explores how natural capital accounting (NCA) can support business data and information needs related to nature, including disclosures aligned with the Taskforce on Nature-related Financial Disclosures recommendations. As businesses seek to measure, manage and disclose their nature-related risks and opportunities, they will need well-organized, consistent and high-quality information regarding their dependencies and impacts on nature, which few businesses currently collect or track in-house...
June 10, 2024: Philosophical Transactions of the Royal Society of London. Series B, Biological Sciences