NatureTech Alliance To Enhance Corporate Biodiversity Management
Home > Professional Services > Press Release

NatureTech Alliance To Enhance Corporate Biodiversity Management

Photo by:   Envato Elements, deeangelo60141735
Share it!
By MBN Staff | MBN staff - Mon, 05/20/2024 - 09:36

Environmental Resource Management (ERM), Salesforce, NatureMetrics, and Planet unveiled a groundbreaking partnership aimed at revolutionizing corporate biodiversity management. The NatureTech Alliance, announced at the World Economic Forum Annual Meeting, marks a pivotal effort to redefine how businesses assess, manage, and disclose their impacts on biodiversity globally.

This alliance comes in response to escalating calls for sustainable practices amid mounting environmental challenges. By pooling their expertise, the members intend to equip companies with robust tools to navigate new regulatory landscapes, including frameworks like the Taskforce on Nature-related Financial Disclosures and Corporate Sustainability Reporting Directive.

Key components of the initiative include comprehensive biodiversity impact assessments along value chains, enhanced supplier engagement strategies, and streamlined regulatory compliance measures. These tools aim to address pervasive challenges in biodiversity integrity across industries.

Each partner will contribute unique capabilities to the alliance's comprehensive biodiversity management framework. ERM provides sustainability consulting and global delivery expertise, facilitating seamless integration of biodiversity into business strategies. Salesforce brings its advanced technology suite, including the Net Zero Cloud, essential for supporting critical business processes and sustainability goals of over 200,000 customers worldwide. Planet contributes unparalleled satellite data and analytics capabilities, leveraging the world's largest fleet of Earth observation satellites. NatureMetrics enhances the alliance with its pioneering eDNA technology and scalable biodiversity measurement capabilities.

Matt Haddon, Global Lead for Nature and Water, ERM, emphasizes the alliance's potential impact. "By combining our capabilities through the NatureTech Alliance, we can help organizations better understand their nature-based risks and dependencies, crucial for integrating nature into business strategies effectively.” Meanwhile, Tim Christophersen, Climate Action Vice President, Salesforce, stresses the alliance’s role in driving a net-zero and nature-positive future: "To succeed in these efforts, businesses must measure, manage, and disclose their impacts on nature. Salesforce is committed to leveraging our technologies to support this transition," he states. Kat Bruce, Founder, NatureMetrics, highlights the collaborative nature of the initiative. "This alliance represents a milestone in biodiversity management, bringing together complementary expertise to deliver comprehensive solutions at scale.” 

Finally, Andrew Zolli, Chief Impact Officer, Planet, underscores the pivotal moment for environmental stewardship. "We are entering an era where technology enables us to quantify and protect biodiversity like never before. This collaboration marks a significant step forward in global efforts to monitor and safeguard our natural world," he says.

Photo by:   Envato Elements, deeangelo60141735

You May Like

Most popular

Newsletter