Area with biodiversity offsets in place, including type of offset
Unit
Indicator
Metric type
Framework alignment notes
GRI 101-2-a-iv Actions taken to offset residual negative impacts on biodiversity; i. the goals;
ii. the geographic location;
iii. whether and how principles of good offset practices are met;
iv. whether and how the offset is certified or verified by a third party
CDP Biodiversity
11.14.1 Provide details on the biodiversity offsets you have in place.
Target example
[Company name] will implement biodiversity offsetting to achieve net positive impact by [target year] compared to the [baseline year] baseline.
Target source: WBCSD target template
Additional target notes
Offsetting will be applied solely to cover the residual biodiversity impact gap that remains after the company has exhausted all higher-priority measures in the mitigation hierarchy. Preferably, offsetting should be prioritised in the same region, where impact occurred.
Sector
Value chain stage
Manufacturing
Metric assessment
Relevance:
Low
Feasibility:
Low
Additional information
Product Category
Location