For good reason, the need to mitigate and adapt to climate change has been a core focus of ESG frameworks in recent years. Nevertheless, there has been a growing awareness that the focus on climate change may have obscured the importance of addressing a related and equally grave threat to our planet and human well-being – biodiversity and ecosystem health.
Alexandra Tracy, President, Hoi Ping Ventures, looks at the growing focus of regulators and standard-setters on increasing transparency around companies’ impacts and exposures related to biodiversity and natural ecosystems.
