About the Nature Action Portal
Context
Despite growing awareness, corporate action on nature still falls far short of the urgency required. This is partly because companies still lack experience in managing the inherent complexities of nature and navigating the rapidly evolving corporate accountability frameworks that promote the use thousands of metrics. As nature-related accounting and target-setting frameworks continue to develop to address this complexity, businesses must take immediate action to halt and reverse the loss of natural resources that are vital to their sustainability and the broader economy.
Our solution
In response to these challenges WBCSD developed the Nature Action Portal to accelerate corporate action on nature across sectors, value chains, and topics. Developed in collaboration with 113 leading companies, this resource is designed to help sustainability practitioners identify the most relevant metrics to measure and report on their actions to halt and reverse nature loss, in alignment with major voluntary and regulatory frameworks.
With a few clicks, users can plan high-impact actions to tackle the key dependencies, impacts, risks, and opportunities (DIROs) for their sector. Each action is linked to a tailored and prioritized set of nature-related metrics and example targets, offering visibility into how priority metrics align with leading voluntary and regulatory frameworks. The Portal helps users navigate the complex metrics landscape without adding new metrics.
The ambition
Through this initiative, WBCSD aims to build a strong corporate performance and accountability system for nature – one that embeds nature into core business decisions and drives meaningful corporate contributions to the Global Biodiversity Framework.
Achieving the goals set out in the Global Biodiversity Framework, requires more than individual company actions, it calls for a system-wide transformation that tackles the root causes of nature loss.
This system-level change is at the heart of WBCSD’s Roadmaps to Nature Positive, which bring together peers from the same sectors and value chains to build a shared agenda that accelerates nature-positive ambition, action, and accountability.
A successful transition to a nature-positive economy depends on clear and consistent use of nature-related metrics in business decisions and reporting. Metrics enable companies to set ambitious goals, track progress, and communicate transparently. They also help organizations focus on the most relevant data to guide decisions and direct resources toward actions that deliver the greatest benefits for nature.
Using the Portal
The Nature Action Portal was developed for corporate sustainability practitioners operating in – or sourcing from – the following sectors: forest, agri-food, built environment, energy, pharmaceutical and chemical (to come). For each sector, the user will find an assessment of material dependencies, impacts, risk and opportunities (DIROs), suggested actions to effectively address these in direct operations and the supply chain, as well as metrics to measure and report progress. Its content should be complemented by company-level assessments based on established guidance such as from the Taskforce on Nature-related Financial Disclosures (TNFD), Science Based Targets Network (SBTN), and others.
For more details on WBCSD’s approach, please refer to the Methodology page.