COP15 ‘Make it Mandatory’ – Call for Companies to sign!

Will you make your business voice count?

Our businesses. Our economies. Our societies. They all depend on nature. 2 out of 3 of the world’s most critical risks to our economies are related to the loss of nature over the next decade (WEF).

To halt and reverse biodiversity loss by 2030, we urgently need to accelerate action to reduce negative impacts and increase positive impacts on nature. This will pave the way to an equitable and #NaturePositive future for us all; contributing to the sustainable development goals, #NetZero targets and increasing the prosperity and wellbeing of those most vulnerable.

Assessing and disclosing impacts and dependencies on nature is an essential first step for businesses and finance to understand the ecosystem services that underpin their activities, unlocking the pathway to long term economic prosperity, planetary health and human wellbeing.

EOCA is a proud supporter of Business for Nature (BfN), an organisation which is a global coalition that brings together business and conservation organisations and forward-thinking companies. Together, we demonstrate and amplify a credible business voice on nature calling for governments to adopt policies to reverse nature loss in this decade.

Nature underpins our prosperity and wellbeing by providing economic value and security, supporting human development and equality, and increasing our resilience to climate change.

Businesses rely on nature for resources such as food, fibre, minerals and building material; ecosystem services such as pollination of crops, water filtration, waste decomposition, climate sequestration and climate regulation; and healthy and prosperous societies that give them their customers and workforces.

The UN Biodiversity Conference COP15 in Montreal is taking place in December and BfN is working hard to push global leaders to ‘Make it Mandatory’. Voluntary action will not be enough to achieve the transformative change needed. We need policymakers to send their negotiators to #COP15 with a clear mandate to compel business to act. This means adopting mandatory requirements for businesses and financial institutions to assess and disclose their impacts and dependencies on #biodiversity by 2030, so they can be managed (reduced or eliminated).

This will pave the way to an equitable and #NaturePositive future for us all; contributing to the sustainable development goals, #NetZero targets and increasing the prosperity and wellbeing of those most vulnerable.

In the final sprint to adopt a new global agreement on nature at COP15, BfN – and EOCA -invites companies of all sizes and geographies to sign up to the COP15 business statement on mandatory assessment and disclosure by 18 October, calling on Heads of State to require all large businesses and financial institutions to assess and disclose their impacts and dependencies on nature by 2030.

We would be delighted if member companies would sign this business statement, and / or join us in partnering with Business for Nature. There are assets available HERE:
in English, French, Indonesian, Chinese and Spanish which you are also welcome to use if you would like to publicise your commitment further.