More than 300 companies to start reporting impact on nature

More than 300 companies and financial institutions plan to report on the impacts they have on the natural world as part of efforts to stem the global collapse of biodiversity, delegates at Davos heard on Tuesday. The disclosures, created by the G20-backed Taskforce on Nature-related Financial Disclosures, will see the groups share much more information around the risks and opportunities posed by their interaction with the natural world. By doing so, boards will hopefully make decisions that have a more positive impact on nature – helping meet a global agreement by countries at the COP15 talks on biodiversity in 2022 – and be rewarded by investors and capital markets.