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Disclosure: Companies Requesting Action on Mandatory Assessments and Disclosure to Address Biodiversity Loss
November 1, 2022A group of over 300 companies, in advance of the December COP15 in Montreal, have signed a statement asking governments to mandate that “large and transnational businesses and financial institutions assess and disclose their impacts and dependencies on biodiversity, by 2030.” The group includes many large institutions, including Axa Group, Aviva Investors, BNP Paribas, UBS, Roche, Unilever, Vale and Tata Steel. The goal of COP15 is to agree on a global framework for the protection and restoration of global biodiversity (and is different than COP 27, taking place in Egypt starting November 6, which focuses on limiting global warming).