With half of the world's GDP either moderately or highly dependant on nature and its services, increasingly businesses of all types (including our own) are needing to look beyond carbon emissions to consider a much more complex world of nature-related risks and opportunities.
We are bringing together elements of our work supporting clients on ESG, our own commitment as a business to ESG, CSR, wellbeing and our work with important charities and organisations, to focus on natural capital.
As a firm, we are:
- committed to reducing our carbon emissions by 50% by 2030. We are also working to reduce other environmental impacts through more efficient use of resources such as water, paper and recycling;
- providing pro bono advice and financial support to organisations that are working to protect and restore our natural environment, including the Tree Council and The Line Art Walk; and
- committed to supporting our clients channel capital towards a more sustainable future, which draws on the diverse range of experience we have in this area.
The economy and natural capital
Natural capital and ecosystem services are complex, but much work is now being done to enable business to analyse their dependencies on natural capital and identify opportunities for regenerative and sustainable development. The Taskforce for Nature-related Financial Disclosures (TNFD) is a global initiative that seeks to shift global financial flows away from nature destructive activities and towards nature positive opportunities. The Taskforce published the first version of its framework in March 2022 and we can expect monitoring and reporting to become widespread over the coming years.
Partnering with charities to support natural capital