On World Biodiversity Day, a Look at How Companies Can Account for Nature

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Businesses are beginning to disclose more about how their operations are connected to nature. The growing movement could help address the biodiversity crisis.

As we head into what promises to be a scorching summer on the heels of the hottest year on record, the climate crisis becomes more evident with each new temperature record that falls. But climate change is not our only pressing environmental threat.Scientists also warn of an accelerating biodiversity crisis of habitat loss and extinction, with as many as a million species at risk.

'We're providing the science-based methods for companies to set measurable, actionable and time-bound targets on their impacts,' SBTN Executive Director Erin Billman told Newsweek.SBTN builds on the success of a related effort, the Science Based Targets Initiative, a nonprofit partnership which has become a respected source for verifying and tracking company efforts to reduce greenhouse gas emissions and achieve net zero.

 

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