Publication of the Thematic Report on Biodiversity Disclosure Initiatives

With the increasing recognition of the importance of biodiversity for business, the demand for disclosure of corporate biodiversity performance is growing. Several biodiversity disclosure frameworks, regulatory and voluntary, have been published or are under development. However, despite substantial alignment efforts between some of these disclosure initiatives, for most companies it is not clear how these different biodiversity disclosure initiatives relate to each other, to what extent they are overlapping and where substantial differences can be observed. 

To fill this gap, a Thematic Report on Biodiversity Disclosure has been developed by the EU Business and Biodiversity Platform. This report focuses on biodiversity within the respective disclosure initiatives and highlights the major differences and similarities. The report covers 6 biodiversity disclosure initiatives, three of which are regulatory (CSRD – European Sustainability Reporting Standards E4, Sustainable Finance Disclosure Regulation, French Article 29) and three have a voluntary character (Taskforce on Nature-related Financial Disclosures, Global Reporting Initiative, Carbon Disclosure Project). 

You can download the report here.