From Climate to Nature: New biodiversity requirements for financial institutions
Biodiversity is becoming a pressing topic with profound implication for ecosystems, economies and societies. This paper explores the pivotal role that banking regulations play in addressing biodiversity loss and fostering sustainable business practices.
With CSRD having come into effect in 2024 and the CRD coming into effect by 2026, companies face an urgent need to integrate biodiversity considerations into their operations. To stay ahead of these impending regulations, businesses must act now, embedding nature-related risks into their systems to ensure compliance and secure a sustainable future before it is too late.