Over 330 businesses on Wednesday urged world leaders to force large companies to assess and disclose their impact on nature by 2030, ahead of the COP15 global talks on biodiversity in December.
Signatories of the COP15 Business Statement, which include GSK, H&M Group and Nestle and which have combined annual revenues of more than $1.5 trillion, said the world needed to move past voluntary reporting rules.
While regulators have pushed for more rigorous reporting on the companies’ environmental impact and efforts to battle climate change, broader impact on nature and biodiversity has not yet been subject to similar scrutiny.
Global firms urge governments to require mandatory disclosures on nature
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