Nature Positive Corporate Assessment Guide for Financial Institutions 2025

Page 33 of 55 · WEF_Nature_Positive_Corporate_Assessment_Guide_for_Financial_Institutions_2025.pdf

Sector priority actions for 16 sectors (continued) FIGURE 9 Source: World Economic Forum; Oliver Wyman; Science Based Targets Network (SBTN).Travel and tourism Avoid and reduce overtourism in sensitive areas. Avoid and reduce resource use and pollution. Restore and regenerate tourism destinations. Transform tourism by engaging meaningfully with Indigenous Peoples and local communities. Transform tourism by advocating for responsible travel.Ports Sensitively plan port area to minimize impacts on nature. Enhance the use of clean energy, sustainable materials, and advanced equipment and operating systems. Improve the prevention and mitigation capacity against pollution and invasive species. Actively protect and restore nature. Promote a circular economy and catalyse cross-sector collaboration in regulation, finance and innovation. Mining and metals Avoid, then reduce, impacts of mining operations and restore across the mine life cycle in accordance with the mitigation hierarchy. Avoid, then reduce, water abstraction in mining operations and improve water stewardship across landscapes. Expand circularity and source responsibly. Support nature conservation and restoration with local communities, both across and beyond own value chains, and invest in innovative nature financing mechanisms. Advocate for policy systems that protect nature and catalyse cross-sector collaboration. Water utilities and services Avoid sourcing freshwater in water-stressed areas and areas important to biodiversity, and reduce unsustainable freshwater use. Avoid and reduce water pollution. Avoid and reduce GHG emissions. Restore and regenerate habitats and ecosystems. Transform the sector through circularity, partnerships and policy.Offshore wind Avoid and reduce impacts of direct operations on nature, and restore and compensate for unavoidable residual impacts in accordance with the mitigation hierarchy. Avoid and reduce indirect impacts on nature from components and materials through responsible sourcing. Innovate product design to reduce material demand and support the nature-positive transition. Actively support nature restoration and invest in nature-based solutions alongside local stakeholders. Catalyse multistakeholder collaboration and contribute to wider policy and systems change.Household and personal care products Improve water stewardship throughout the value chain. Source responsibly and replace feedstocks with sustainable bio-based or other renewable materials. Change customer behaviour on product use and disposal through education and transparency. Support nature conservation and restoration through investment in responsible business practices and nature-based solutions (NbSs). Expand circularity, offer sustainable products and packaging, and engage in collective action and policy advocacy. Waste management Avoid and reduce the emission of methane at landfill sites. Avoid and reduce the use of energy and water throughout waste management processes. Restore and regenerate waste management sites and historically impacted ecosystems. Transform from waste management to resource management in a circular economy. Transform the sector through policy advocacy and collaboration.Forest products Maintain and enhance working forests. Reduce the impacts of processing, manufacturing and transport. Maximize the recovery of materials and products. Partner and advocate beyond the value chain. Avoid Reduce Transform Restore and regenerate Mapping to AR3T hierarchy Nature Positive: Corporate Assessment Guide for Financial Institutions 33
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