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Nature is vital to business. Can a new cornerstone guide help CEOs see the light?

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A solar panel is seen between olive trees in Chiclana de Segura, near Jaen, Spain September 8, 2023. REUTERS/Jon Nazca

A global framework will help companies measure and report their dependencies and impacts on nature.

PHOTO: REUTERS

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SINGAPORE - Companies rely on nature far more than many realise – for raw materials or “services” such as pollination of crops by insects and clean water to produce food and drinks.

Businesses are also vulnerable to risks from nature, such as floods or storms, fires and drought, which can disrupt the flow of materials and products right along the supply chain.

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