AI and energy - making the business case for nature
Although nearly half of global GDP ($44 trillion) depends on nature-based services, the destruction of the natural world is continuing apace.
But despite businesses, and wider society, depending on functioning ecosystems for everything from raw materials to clean water, the topic is not being taken as seriously as it should - high profile events, such as the United Nation's Biodiversity Conference currently taking place (COP 17 from 19-30 October) in Yerevan, Armenia, notwithstanding.
In fact, nature and biodiversity continue to trail way behind both climate change and decarbonization on today's corporate agenda. Even European Union (EU) legislation, which is among the most progressive in the world, only requires the largest companies to consider their impact on nature and biodiversity today.
Such EU laws include the Corporate Sustainability Reporting Directive (CSRD) which mandates detailed reporting on biodiversity, ecosystems and environmental impacts. Another regulation is the Corporate Sustainability Due Diligence Directive...
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