This document provides an overview of nature-positive approaches for companies. It discusses planetary boundaries being exceeded, pressures driving nature loss, and the global goals for nature. The nature-positive approach involves assessing impacts on nature, prioritizing material issues, committing to science-based targets using the mitigation hierarchy, and regularly sharing results. The LUCAS approach consists of looking at intersections with nature, understanding impacts and risks, committing to targets, taking action, and sharing results. Going nature-positive means managing nature-related risks and opportunities across the supply chain.
2. What you will learn today
• Background and Context
○ Earth Systems & Planetary Boundaries
○ Welcome to the Anthropocene
○ The Global Goals for Nature
• Nature-Positive for Companies
• The LUCAS Approach
AGENDA
3. Stockholm Resilience Centre, based on analysis in Wang-Erlandsson et al 2022
EARTH SYSTEMS & PLANETARY BOUNDARIES
● We depend on stable, secure, and
self-regulating Earth systems
○ Water cycles
○ Nutrient cycles
○ Climate regimes
○ Chemical balances
○ Food webs
○ …and the myriad of other goods and services provided
by nature
● To a certain extent, these systems can assimilate our
impacts. Beyond a certain threshold, these systems start
to break down.
● We have already exceeded 6 of the nine planetary
boundaries - climate change, freshwater change, biosphere
integrity, land-system change, biogeochemical flows, and
novel entities
5. ● Four billion people face severe water scarcity for at least one month
each year (UNICEF)
● Two out of every three rivers are fragmented by dams and reservoirs
(Grill et al 2019)
● $82 billion per year in flood damages (Swiss Re 2022)
Global Water Cycle Disruptions
6. Almost 75% of the Earth’s surface has been altered or influenced by
human activity in the last millennium (IPBES 2019).
Nearly a third of the global land surface has changed since 1960.
That’s an average of an area twice the size of Germany changed each
year (Winkler et al 2021).
10 million hectares of forest loss per year since 2000 (FAO 2020)
Land Systems
7. 69% decline in terrestrial populations
Biosphere Integrity
83% decline in freshwater populations
8. What Is Driving Nature Loss?
● Five main pressures drive
nature loss (IPCC/IPBES)
○ Land/water/sea use
change
○ Resource exploitation
○ Climate change
○ Pollution
○ Invasive species
● Impacts from these pressures
depend on the scale/intensity
and local state of nature
Source: Science Based Targets for Nature 2021
9. How Do We Respond? The Global Goals for Nature
Locke et al. (2021). A Nature Positive World:
The Global Goal for Nature.
NET-ZERO VS
NATURE-POSITIVE:
The Global Goals for Nature are
the nature-positive equivalent to
the 1.5C global warming target in
the Paris Climate Accord and
Net-Zero by 2050 industry and
regulatory standard
1. Zero nature loss from 2020
2. Net-Positive by 2030
3. Full recovery by 2050
10. Voluntary and Regulatory Frameworks
Voluntary Regulatory
IFC Performance Standard 6 (IFC PS6) Kunming-Montreal Global Biodiversity Framework
Science-Based Targets for Nature (SBTN) EU Corporate Sustainability Reporting Directive (CSRD)
Taskforce on Nature-Related Financial Disclosures (TNFD) EU Net-Zero 2050 Climate Law
S&P Corporate Sustainability Assessment (S&P CSA) EU Nature Restoration Law
Ecovadis EU Deforestation-free Regulation (EUDR)
Global Reporting Initiative (GRI) USA H.R. 1187 ESG Disclosure Simplification Act
● Governments, financial institutions, insurance carriers, and other regulators, creditors, and
investors are increasing the mechanisms by which nature-related risk is integrated into
business operations
● Nature markets (e.g. assets and credits) are growing rapidly in scale as attractive investments
11. Nature-Positive Approach for Companies
1. Assess material impacts and dependencies on nature for each of the five
pressure categories in your direct operations and supply chain
2. Prioritize the most important ESG issues based on materiality, importance to
business, and importance to stakeholders
3. Commit to science-based targets which address material impacts
4. Manage nature-related risks and opportunities according to the mitigation
hierarchy
13. How to Prioritize
● Priority ESG issues are
co-determined by their
impact on business and
their importance to key
stakeholders
● A prioritization matrix
allows the organization
to optimize capital
allocation to their most
urgent ESG risks
14. Commitments and Targets
• Basket of targets adapted to material issues
• Alignment with global targets and initiatives
• Time-bound, geographically-specific
science-based targets with
• Each target includes Key Performance
Indicators (KPIs) for demonstrating progress
15. The Mitigation Hierarchy
0. Measure your impacts
1. Set Targets that are
science-based
2. Avoid negative impacts
3. Reduce what you can’t avoid
4. Restore direct or proximate
negative impacts
5. Compensate residual impacts
you cannot avoid, reduce, or
restore
16. Etifor’s LUCAS Approach
The LUCAS approach consists of 5 main steps:
1. Look at your stakeholders, value chain, and intersections with nature
2. Understand the impacts and dependencies on nature in your business operations and evaluate
the associated risks and opportunities
3. Commit to a nature-positive approach with specific and time-bound targets that can be quantified
using relevant KPIs
4. Act toward your targets using the mitigation hierarchy to prioritize activities
5. Share the results on a regular basis with your stakeholders
17. Conclusions and Key Takeaways
● 100% of the economy is 100% dependent on nature
● Nature-positive means assessing your nature-related impacts and dependencies and managing
corresponding risks and opportunities
● Responsibility for managing nature-related impacts is shared across the supply chain
● Commitments, action plans, and capital allocation should be adapted to your company’s materiality
● The nature-positive approach is moving from a voluntary initiative to a license to do business due to increasing
pressure from investors and regulatory authorities
● There is a shift from doing it now to doing it well. Ambition should be tempered by realism and transparency.