Foreword On 22 July 2024, Earth recorded its hottest day on record according to the World Meteorological Organization, and August 2024 marked the 15th consecutive month of record-high global temperatures. Ocean temperatures are higher than they have ever been in modern times, causing rising sea levels, more intense storms and faster-than- usual ice loss in the Arctic in June, according to the National Snow and Ice Data Center in the US. The world is seeing unprecedented levels of biodiversity and ecosystem loss, pollution and pressure on water availability. The World Economic Forum’s 2020 Future of Nature and Business report estimates that more than half of the world’s gross domestic product (GDP) is moderately or highly dependent on nature and its services, meaning companies and investors cannot afford to delay actions to reverse climate change and prevent nature loss any longer. The world is at a tipping point and only accelerated action can prevent widespread, irreversible harm. The international discourse on nature is indeed turning towards action. The 2015 Paris Agreement and the 2022 Kunming-Montreal Global Biodiversity Framework provided governments and businesses with goals and targets, and, at the 2024 United Nations (UN) Convention on Biological Diversity (CBD COP16) in Cali, Colombia, the focus turned to implementation as stakeholders turned up in force to discuss how to put nature plans into practice. Business momentum is picking up, but industries need sectoral guidance on strategic ways forward. This is particularly true when it comes to preventing nature loss, which will involve tackling an inherently complex set of issues. The World Economic Forum, in collaboration with Oliver Wyman, has spent the past two years gathering data and insights through research, expert consultation and industry interviews. This work has paved the way for the Forum’s 2025 Nature Positive Transitions: Sectors report series. Building from those released on the chemical sector, the household and personal care products sector, and the cement and concrete sector in 2023, these new reports focus on four sectors: mining and metals, automotive, offshore wind and ports. This initiative is part of a broader collaborative effort with Business for Nature and the World Business Council for Sustainable Development (WBCSD). Halting climate change and preventing further nature loss are inextricably intertwined goals. Therefore, corporate and investor action to address these twin challenges must also be complementary and occur in tandem. Investing in nature is more than just good risk management. Companies that take bold steps today towards a net-zero, nature-positive business model will enjoy competitive advantages, drawing on more resilient and sustainable supply chains, a positive public image, innovative green products and greater support from the financial sector. If we are to stay within safe and just Earth system boundaries and maintain a sustainable planet, there is no time to delay.Nick Studer President and Chief Executive Officer, Oliver Wyman Akanksha Khatri Head, Nature and Biodiversity, World Economic Forum Nature Positive: Role of the Automotive Sector 4

Nature Positive Role of the Automotive Sector