SLR calls to ‘Make it Mandatory’ for nature ahead of COP15

SLR is proud to be one of over 330 business and finance institutions from 52 countries calling on world leaders to move beyond voluntary actions, transform the rules of the economic game and require business to act now to halt and reverse biodiversity loss at the upcoming UN Biodiversity Conference (CBD COP15) in Montreal on 7-19 December 2022.

Governments globally are being urged to adopt, in Target 15 of the Global Biodiversity Framework, mandatory requirements for all large businesses and financial institutions to assess and disclose their impacts and dependencies on biodiversity, by 2030.

Mandatory assessment and disclosure will create fair competition for business, increase accountability, engage investors, empower consumers, involve SMEs through supply chains, help ensure the rights of indigenous peoples and local communities and ultimately accelerate the transformation of our economies.

Stewart Lenton, SLR’s Natural Capital Lead commented, “As a purpose driven environmental and advisory consultancy, we fully recognise the significant climate challenge and the role that nature and biodiversity has to play in meeting this challenge. We are committed to working with organisations to make the first step with respect to understanding their impacts and dependencies on nature and biodiversity, and developing their journey towards disclosure.”

The full list of signatories and further details about the Make it Mandatory campaign can be found on the Business for Nature website.