Managing Nature-Related Risks and Impacts
We assess and disclose nature-related risks, impacts, dependencies and opportunities within a framework of governance, strategy, risk management and disclosure.
In a 2019 global biodiversity assessment report, the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) reported that across much of the globe, nature has been significantly altered by human activity. The report defined five categories of impact drivers that contribute to biodiversity loss, including land and sea-use change, resource use, pollution, invasive species and climate change.
Following the IPBES report, the Global Biodiversity Framework was adopted at the 2022 United Nations Biodiversity Conference of the Parties to the U.N. Convention on Biological Diversity (COP15). The seminal framework establishes key global country-level goals and targets related to nature. Additionally, we recognize that the Taskforce on Nature-related Financial Disclosure (TNFD) is developing a disclosure framework for nature-related risks that reflects the expectations.
Risk and Impact Management
Assessing nature-related risks for operated assets and projects.
External Collaboration and Engagement
Collaborating with local, regional and international stakeholders.
Proactive Conservation
Voluntary efforts to conserve or restore biodiversity and habitats
Performance Metrics
Data and information related to water and biodiversity risk management.