IEMA has been working with the UK Business and Biodiversity Forum, the ICC, the Aldersgate Group, and the RSPB to release a new pledge for business on nature-positive actions.

Over half of global GDP depends upon nature and the Nature Positive Business Pledge aims to help business to restore nature and reduce business risk.

The Pledge is for businesses of all sizes and sectors. It provides core principles including the need to use the mitigation hierarchy, creating additionality, generating long-term benefits, and taking a precautionary approach.

The Pledge framework supports the creation of a plan that includes undertaking a materiality assessment, identifying a baseline, setting SMART targets, and going on to assess and iteratively build on progress.

The Pledge recognises that businesses are not all the same and that they can be at different stages of measuring and monitoring nature impacts, so it provides support yet is flexible enough for companies to reach their aspirations.

Signatories are expected to attend Pledge-related meetings, report each year, and undertake activities to support other businesses on their nature-positive journeys.

This is the first iteration of the Pledge. Over time, it will be updated in response to the businesses using it, better understanding methodologies and approaches, and will react to key events such as any requirements relating to the UN Global Biodiversity Framework.

It is very timely that the Nature Positive Business Pledge is being released during the UN Biodiversity Conference, COP 15, where there’s been a larger business presence which suggests a change of focus on who might be delivering reductions to impacts on nature.

If your organisation is interested in finding out more information or signing up then visit the Pledge website or email [email protected].

Photo of Lesley
Lesley Wilson

Policy and Engagement Lead

Lesley is Policy and Engagement Lead at IEMA with a focus on biodiversity and natural capital. Lesley also supports IEMA’s role as Secretariat to the UK Business and Biodiversity Forum, working with businesses to raise the profile of, mainstream, and share good practice in, biodiversity. Lesley joined IEMA in December 2021 after 11 years delivering projects, programmes and solutions for business in the field of environmental sustainability for the British Standards Institution (BSI), including ground breaking standards in biodiversity net gain and natural capital. Lesley has a qualification in business management (MBA) and climate change management, and mentors environmental students at the University of Westminster.