CDSB launches new Biodiversity application guidance
The Biodiversity Application Guidance is part of a series of CDSB Framework application guidance, which aims to extend the TCFD recommendations and its core elements to nature
The Biodiversity Application Guidance is part of a series of CDSB Framework application guidance, which aims to extend the TCFD recommendations and its core elements to nature
Climate change is a human-induced phenomenon that has been etched in the 2015 Paris Agreement. Businesses are rolling out a barrage of actions to reduce emissions and conform to climate-risk disclosure regulations. With corporates grappling to meet their net-zero targets, new talk of nature-related risk disclosures, such as biodiversity, may seem overwhelming.
Heatwaves and droughts are some of the effects of climate change that have become evident in recent years. The intensity and frequency of these occurrences has increased. But since these events are not new, it could be years before some people are motivated to address climate change. While the effects of climate change may therefore seem far removed, water-related risks are widespread. Water is arguably the medium through which we feel the effects of climate change most.
CDSB is pleased to announce the release of its Biodiversity application guidance, which is now open for consultation.
Food production is the primary cause of global biodiversity loss (60-70%). At the same time, approximately one third of the food produced (1.3 billion tonnes) is wasted along the supply chain. Food waste increases pressure on agriculture and therefore drives biodiversity loss. Finding efficient ways to track value chains can reduce food waste.
Following the release of the new CDSB Water Guidance, we caught up with investors, companies, and NGOs to discuss water-related financial disclosure at the World Water Week.
The Water Guidance offers companies a means of developing their reporting practices and ensuring that investors are receiving the information needed to drive the transition to a sustainable, resilient, and water secure economy.
Over 2 billion people live in countries with high water stress levels. Global water use has more than doubled in the last 40 years. Coupled with the effects of climate change, the strain intensifies. Businesses are already experiencing financially-material impacts related to competition of water resources and its associated degradation of ecosystems.
The Climate Disclosure Standards Board (CDSB) is encouraged to see the Taskforce on Nature-related Financial Disclosures (TNFD) achieve significant traction in making nature an area of focus for the business community globally, as the standard setters look to create a unified system for sustainability reporting.
New guidance underway for companies to address biodiversity and land use-related financial reporting. CDSB's Technical Director, Ravi Abeywardana, shares insight into the work.
CDSB’s Technical Manager Fiona Quinlan explores the key findings of the review, and their links to CDSB’s upcoming Biodiversity application guidance
Francesca Recanati takes a deep dive into the meaning of water-related financial risks for business and shares insight into CDSB's ongoing work on water-related disclosure.
Natural capital disclosure is still in its nascence, despite the fact that businesses and their investors have already been exposed to its financial impacts. For the financial sector to be able to take natural capital into account, they need nature-related financial information from the businesses they invest in.
With World Water Day just around the corner on Sunday 22 March 2020, CDSB’s Technical Manager, Francesca Recanati, shares a snapshot of current practices in water-related reporting by companies.
CDSB is looking for a project impact analysis consultant and invites a call for quotes from suitable consultants.
CDSB's Managing Director, Mardi McBrien participated on the BrightTalk webinar.
CDSB's Senior Technical Officer, David Astley, looks at the latest report from the UN’s Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES).
Following the International Day for Biological Diversity and World Environment Day, Luke Blower considers the role of resilience and security for society and the natural world.
What better time for businesses to think about their use of natural capital such as water than today, on World Water Day.
The Natural Capital Coalition invites comments to its Natural Capital Protocol. The consultation will run until 26th February 2016.