Area with biodiversity offsets in place, including type of offset
Unit
i
The unit(s) of measurement applicable to the metric.
: Hectares (ha)
Indicator
i
Indicators were developed by WBCSD. Learn more on the Methodology page.
: Area conserved or restored
Metric type
i
The category of nature-related metrics. Learn more on the Methodology page.
: Response
Framework alignment notes
i
The details of a metric’s alignment to each framework, including where the same or similar metric can be found within the listed framework.
101 Biodiversity
101-2a-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
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
i
Each metric applies to one sector.
Forest
Value chain stage
i
Each metric applies to one or more stages of the value chain aligned with the associated actions.
Manufacturing
Metric assessment
i
The relevance and feasibility scores were determined by WBCSD member companies. Learn more on the Methodology page.
Relevance:Low
Feasibility:Low
Additional information
Product Category: Timber and wood products, Pulp and paper, Innovative bio-based products, Textiles
Location: Rural
Related actions
Restore areas of significant biodiversity value within or adjacent to processing and manufacturing operations
Protect areas of significant biodiversity value within or adjacent to processing and manufacturing operations