Description and costs related to loss of operating areas.
Unit
: Currency
Indicator
: Capital allocated to managing nature risks and opportunities
Metric Type
: Pressure
Frameworks alignment notes
Target 14, 2 and 5
TNFD A10.0
Target example
[Company name] aims to reduce the costs associated with operating area losses resulting from nature-related risks by [target amount, in absolute amount, or percentage] by [target year] compared to a [baseline year] baseline.
Target Source: WBCSD target template
Sector
Built Environment
Value chain stage
Raw MaterialsManufacturing
Metric assessment
Relevance:Medium
Feasibility:Low
Related Actions
Avoid establishing operations in / adjacent to areas of significant biodiversity value
Avoid establishing operations in/adjacent to water-stressed areas
Avoid material extraction in areas of significant biodiversity value
Carefully consider nature-related impacts, dependencies, risks and opportunities when establishing new operations, taking water risks and proximity to areas of significant biodiversity value into account. Embed biodiversity and water risk assessment criteria into the decision-making process when selecting new sites or expansions and prioritize action according to conservation hierarchy in locations that meet the criteria