09/03/2024 | News release | Distributed by Public on 09/04/2024 08:11
Stakeholders are invited to join CSR Europe members Autostrade per l'Italia, BASF, Coca-Cola HBC, Hitachi, Impronta Etica, Leonardo, Public Power Corporation, Syensqo, and Titan Cement Group for a dedicated exchange on corporate best practices and approaches to biodiversity management on 9 October in Brussels.
On 9 October, CSR Europe is convening in its office in Brussels stakeholders interested in sharing corporate best practices and approaches to biodiversity management with representatives of its Biodiversity Alliance - Autostrade per l'Italia, BASF, Coca-Cola HBC, Hitachi, Impronta Etica, Leonardo, Public Power Corporation, Syensqo, and Titan Cement Group. Registration is mandatory.
The event marks a significant milestone in the industry-led effort to integrate biodiversity into corporate sustainability strategies. As the world grapples with accelerating nature loss, the gathering promises to be a pivotal moment for corporate biodiversity specialists, facility and operations managers, research and development professionals, policymakers, and civil society organisations committed to safeguarding the planet's natural heritage.
Between 9:30-13:00 CEST, the event will feature a series of discussions and workshops focused on how businesses can better manage, measure, and report their biodiversity impacts. External stakeholders will be able to engage directly with members of the Biodiversity Alliance, sharing insights and feedback that will inform its forthcoming White Paper. The document, expected to be released later in the year, will outline actionable recommendations for companies seeking to enhance their biodiversity commitments, particularly in the context of the European Sustainability Reporting Standards (ESRS).
With biodiversity loss identified in the World Economic Forum's 2024 Global Risks Report as the second most severe risk facing the world over the next decade, following climate action failure, the need for a unified corporate response has never been more urgent. The EU has already taken significant steps in this direction, with initiatives like the Biodiversity Strategy for 2030 and the Corporate Sustainability Reporting Directive forming part of a broader framework to integrate environmental considerations into business operations.
However, despite these efforts, many companies are still navigating the complexities of new reporting requirements and the broader expectations set by global frameworks such as the Taskforce on Nature-related Financial Disclosures (TNFD). At the meeting of 9 October, the Biodiversity Alliance facilitated by CSR Europe in collaboration with the Wildlife Habitat Council (WHC) and the World Environment Center (WEC) aims to address these challenges head-on. By bringing together a diverse group of stakeholders, the Alliance aims to inspire a more sustainable and systematic shift in corporate practices, ensuring that biodiversity is not just a buzzword but a core component of business strategy.
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Project Manager