Guidance for corporates on science-based targets for nature

Year Published

2023

Contributing Organizations

Science Based Targets Network (SBTN)

Taskforce on Nature-related Financial Disclosures (TNFD)

Type of Resource

Guidance

Languages

English

Relevant Topics

Core Topic

Target Setting

Topic 2

Nature

Target Audience

Real Economy Corporates

Asset Managers

Asset Owners

Banks

Financial Services Providers

Relevant Geography

Global

Resource Description

This guidance helps companies set science-based targets for nature using the SBTN framework and align them with TNFD recommendations for integrated disclosure and risk management.

Why This Matters

Nature loss poses material risks. Science-based targets help companies manage impacts, meet disclosure expectations, and support nature-positive outcomes.

Key Insights

Recommends a five-step process: Assess, Interpret & Prioritize, Measure & Disclose, Act, and Track
Aligns with TNFD’s LEAP approach to streamline assessments and reporting
Covers freshwater and land; guidance for biodiversity and oceans is in development
Provides methods for setting targets on water use, pollution, land use, and restoration
Emphasizes place-based action, stakeholder input, and alignment with ecological limits

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