There is mounting evidence that corporates across sectors are exposed to biodiversity-related risks arising from the rapidly evolving regulatory, market and litigation landscape.

Last year, a new path was carved with the signing of the Kunming-Montreal Global Biodiversity Framework (GBF) in December 2022 at COP15. As the Paris Agreement helped to trigger corporate commitments to reduce GHG emissions, the GBF—hailed as the “Paris Agreement for nature”—is likely to focus attention on the preservation and protection of biodiversity, with the goal of halting and reversing its loss.