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Nature & biodiversity

Preserving nature’s resources by integrating it into business strategy

  • The economic importance of nature

    Nature is a vital foundation for the global economy and human wellbeing. Studies estimate that over half of the world’s economic output (amounting to tens of trillions of dollars) is directly or indirectly dependent on the health of natural ecosystems and the services they provide[1]. Many key industries, including chemicals, transport, retail, and consumer goods, both impact and depend on nature at various stages of their supply chains [2]. Natural ecosystems are intricate, balanced systems that have developed over millions of years. They are essential for supporting economies and human well-being. The rapid loss of biodiversity is destabilising this balance, making it one of the most significant risks to the global economy for the next decade, second only to extreme weather events [3].

  • Integrating nature into business strategy

    Investors increasingly recognise biodiversity as a major risk factor, with a large majority considering it essential to their risk assessments. In this context, businesses have a crucial role to play in protecting and restoring nature. Integrating nature considerations into corporate strategy and operations is essential not only for risk management but also for unlocking new opportunities.

    This includes:

    • Assessing impacts and dependencies across the entire value chain
    • Developing nature-based solutions
    • Building emerging markets for natural capital finance

    Protecting nature is a strategic imperative for business resilience and societal prosperity, not just an environmental obligation. This transition requires specialised expertise to measure ecosystem services, assess the link between climate and nature, and develop credible, science-based biodiversity targets and action plans.

    At Deloitte, we provide a variety of services spanning compliance and reporting to value creation and innovation. You can learn more about these services below or get in touch with our team to discuss how your organisation can advance towards nature-positive business practices.

     

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Guidelines for the Boards of Directors of Financial Institutions

Nature is a matter of strategic management that requires the oversight of the board of directors and impacts key management issues, such as future market prospects and the effect of legislation. The growing recognition of the dependence of businesses and finance on nature is leading to new developments in terms of regulation and legislation, fiduciary duties, financial risks, and social and customer expectations, increasing the urgency for Boards to understand and address nature-related issues.

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COP30 recorded progress in the protection of nature and biodiversity, with new financial instruments for tropical forests and the recognition of the role of local communities. However, the effectiveness of the commitments will depend on their management and monitoring, while the contribution of businesses will be crucial to integrating nature into corporate strategies.

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The TNFD (Taskforce on Nature-related Financial Disclosures) and the CSRD (Corporate Sustainability Reporting Directive) share many similarities, for example regarding the topics subject to disclosure and the stakeholders involved. Consequently, companies that already report under the CSRD can easily align with the requirements of the TNFD as well.

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Ecosystem services are more important than many realise: around 44 trillion dollars of economic value1 - over half of the world’s GDP - depend directly on nature. As a result, it is becoming increasingly vital for companies to evaluate the impact of the ecosystem services they rely on.

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1 Half of World’s GDP Moderately or Highly Dependent on Nature, Says New Report > Press releases | World Economic Forum