[Company name] will increase the total spatial footprint of land used for [restoration/conservation] purposes by [target amount, in absolute ha or km2, or percentage] by [target year], compared to a [baseline year] baseline.
Target Source: WBCSD target template
Sector
Pharmaceutical
Value chain stage
Raw MaterialsManufacturing
Metric assessment
Relevance:
High
Feasibility:
Low
Related Actions
Restore and protect watersheds at the water basin-level in regions linked to direct operations by supporting or funding local initiatives and projects
Restore degraded or converted ecosystems in the supply chain through engagement with suppliers and CDMOs to implement and promote landscape restoration or regeneration in and around their new/existing operations site
Set a no conversion of natural ecosystems target within supply chains and obtain correct certifications from suppliers for agricultural inputs
Protect areas of significant biodiversity value within or adjacent to operations
Engage and invest in the restoration or afforestation of degraded land within or around operations
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