Nature Positive Business Pledge officially launched

1st March 2023


A new framework developed by IEMA to help businesses act on biodiversity loss and contribute towards nature restoration has officially launched today.

The Nature Positive Business Pledge has also been developed in partnership with the UK Business & Biodiversity Forum, the Royal Society for the Protection of Birds, WSP, the Aldersgate Group and ICC United Kingdom.

It launches with support from major organisations across the infrastructure, transport, utilities and construction sectors, including BAM UK & Ireland and South Western Railway.

Signatories are expected to develop a ‘nature positive plan’, which includes undertaking a materiality assessment to identify where and how the organisation depends on and impacts nature.

They must also identify a nature baseline and assess their impact relative to this, and set SMART and costed targets to address the business dependencies and impacts on nature.

Signatories will then annually assess progress and submit a report guided by the Pledge’s core principles, which centre around applying the mitigation hierarchy to all facets of the business and generating long-term benefits for nature.

Seeking to achieve net gain or net positive outcomes, and assuming a worst case impact on nature scenario where there is lack of evidence or information, are also among the guiding principles.

IEMA CEO, Sarah Mukherjee MBE, said: “Establishing the Nature Positive Business Pledge could not come at a more critical time as businesses both domestically and internationally set about implementing what was agreed at COP15.

“By providing a practical approach, the initiative will place businesses on the front foot in terms of playing their role in reducing biodiversity loss and working towards nature restoration. IEMA urges businesses to engage."

Initial details around the Pledge were released during COP15 last year, which concluded with a landmark agreement to “halt and reverse” biodiversity loss by the end of the decade.

It is for organisations of all sizes and sectors that want to reduce negative impacts on nature and play their part in its restoration – recognising that different sectors face unique challenges – and aims to offer them support in their journey to nature positive.

“Transformative and collective action is urgently needed to reverse the loss of biodiversity,” said Mark Johnston, Chair and Director of the UK Business & Biodiversity Forum.

“Businesses play a critical role in making this happen, and this Nature Positive Business Pledge provides the necessary clarity on what is needed.”

Find out more about the Pledge here.

Subscribe

Subscribe to IEMA's newsletters to receive timely articles, expert opinions, event announcements, and much more, directly in your inbox.


Transform articles

EU and UK citizens fear net-zero delivery deficit

Support for net zero remains high across the UK and the EU, but the majority of citizens don't believe that major emitters and governments will reach their climate targets in time.

16th May 2024

Read more

There is strong support for renewable energy as a source of economic growth among UK voters, particularly among those intending to switch their support for a political party.

16th May 2024

Read more

Despite cost-of-living concerns, four-fifths of shoppers are willing to pay more for sustainably produced or sourced goods, a global survey has found.

16th May 2024

Read more

One in five UK food businesses are not prepared for EU Deforestation Regulation (EUDR) coming into force in December, a new survey has uncovered.

16th May 2024

Read more

Each person in the UK throws a shocking 35 items of unwanted clothes and textiles into general waste every year on average, according to a new report from WRAP.

2nd May 2024

Read more

Taxing the extraction of fossil fuels in the world’s most advanced economies could raise $720bn (£575bn) by 2030 to support vulnerable countries facing climate damages, analysis has found.

2nd May 2024

Read more

The largest-ever research initiative of its kind has been launched this week to establish a benchmark for the private sector’s contribution to the UK’s 2050 net-zero target.

2nd May 2024

Read more

Weather-related damage to homes and businesses saw insurance claims hit a record high in the UK last year following a succession of storms.

18th April 2024

Read more

Media enquires

Looking for an expert to speak at an event or comment on an item in the news?

Find an expert

IEMA Cookie Notice

Clicking the ‘Accept all’ button means you are accepting analytics and third-party cookies. Our website uses necessary cookies which are required in order to make our website work. In addition to these, we use analytics and third-party cookies to optimise site functionality and give you the best possible experience. To control which cookies are set, click ‘Settings’. To learn more about cookies, how we use them on our website and how to change your cookie settings please view our cookie policy.

Manage cookie settings

Our use of cookies

You can learn more detailed information in our cookie policy.

Some cookies are essential, but non-essential cookies help us to improve the experience on our site by providing insights into how the site is being used. To maintain privacy management, this relies on cookie identifiers. Resetting or deleting your browser cookies will reset these preferences.

Essential cookies

These are cookies that are required for the operation of our website. They include, for example, cookies that enable you to log into secure areas of our website.

Analytics cookies

These cookies allow us to recognise and count the number of visitors to our website and to see how visitors move around our website when they are using it. This helps us to improve the way our website works.

Advertising cookies

These cookies allow us to tailor advertising to you based on your interests. If you do not accept these cookies, you will still see adverts, but these will be more generic.

Save and close