Nature Positive Role of the Technology Sector 2025

Tech corporate leaders can start to assess, commit, transform and disclose nature-related dependencies, impacts, risks and opportunities (DIROs) – as per the ACT-D framework – in a more systematic way, as follows: –Assess: Identify, measure, value and prioritize nature-related impacts and dependencies across value chains to ensure companies act on the most material ones. –Commit: Set transparent, time-bound, specific, science-based targets when material. –Transform: Take actions to transform business models. –Disclose: Track performance to publicly disclose material nature-related information. Pursuing actions that contribute to nature positive alongside existing climate action can allow businesses to mitigate risks, capture nature-related opportunities and build long-term resilience. For more information on tools and guidance available for the ACT-D set of high-level actions, see Table 2. The stages of ACT-D will require support from a range of other activities, including agreeing on definitions, determining materiality thresholds, mapping assets and operations, gathering information on existing nature-related activities, making the case for nature action internally within organizations (beyond disclosure) and establishing a vision of success.While many companies in the tech sector have already begun some of the recommended priority actions highlighted in Chapter 3, making transformative changes to business models demands significant investments of time and resources. 4.1 Assess, commit, transform and disclose ACT-D high-level framework – selected tools and guidance TABLE 2 Assess –Consult the Locate-Evaluate-Assess-Prepare (LEAP) approach from TNFD. –Follow the technical guidance to assess129 and prioritize130 from SBTN. Commit –Set No Net Loss (NNL) or Biodiversity Net Gain (BNG) targets for all sites, leveraging the International Finance Corporation’s (IFC) Performance Standard 6 for guidance.131 –Follow the approach that the International Union for Conservation of Nature (IUCN) is developing to measure nature positive132 and set targets. –Set science-based targets and consider site-specific commitments, taking inspiration from the technical guidance provided for freshwater and land by SBTN.133 –For climate, refer to the guidance from the Science Based Targets initiative (SBTi). Transform –Take inspiration from the World Economic Forum’s Nature Positive Transitions report series.134 –Draw on the Every Job is a Nature Job brief from UNEP-WCMC.135 –Invest resources and commit management to deliver against clear targets.136 –Follow the mitigation hierarchy at a site-level for direct operations137 and consider broader community and value chain engagement. Disclose –Consult TNFD’s final recommendations for nature-related disclosures.138 –For climate, refer to the ISSB guidance on disclosure of sustainability-related financial information and climate- related disclosures.139 –Use CDP’s disclosure platform, which includes guidance on climate change, forests, water security, biodiversity and plastics.140 Note: This table is non-exhaustive. For more tools and guidance, see Business for Nature’s High-level Business Actions on Nature and It’s Now for Nature’s Nature Strategy Handbook. Nature Positive: Role of the Technology Sector 49