How the world’s largest companies depend on nature and biodiversity
How the world’s largest companies depend on nature and biodiversity
Detailed study by a major consultancy covering multiple facets of nature dependency in mainstream companies highlights both risks and opportunities. Useful for understanding scale and dimensions of systemic challenges.
From the study: "New research from S&P Global Sustainable1 finds that 85% of the world’s largest companies that make up S&P Global 1200 have a significant dependency on nature across their direct operations.
The analysis also finds that 46% of companies in that universe have at least one asset located in a Key Biodiversity Area (KBA) that could be exposed to future reputational and regulatory risks.
S&P Global 1200 companies used an estimated 22 million hectares of land for their direct operations in 2021 to generate $28.9 trillion revenue. Expressed as an ecosystem footprint, this is equivalent to fully degrading 2.2 million hectares of the most pristine and significant ecosystems globally, such as the most intact and biodiverse parts of the Amazon or Sumatran rainforests."
By Esther Whieldon, Shirley Yap, Lokesh Raikwar, Gautier Desme