Companies set out metric to measure impact on biodiversity
A network of businesses has unveiled a way for companies to calculate the impact of their supply chains on the natural environment which it hopes will improve decision-making and inform investors.
The metric has been developed by firms including Kering, Interserve, Mars and Asda. The firms are all members of the Natural Capital Impact Group (NCIG) and the Investment Leaders Group, an international network of investors.
‘Companies are starting to realise that they’re improving their impact on the natural environment, but they have no way of measuring this. This is important for investors, who have been asking questions about this issue,’ explained Gemma Cranston, director of the ...