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TARGET 15. Businesses Assess, Disclose and Reduce Biodiversity-Related Risks and Negative Impacts

TARGET 15. Businesses Assess, Disclose and Reduce Biodiversity-Related Risks and Negative Impacts

Take legal, administrative or policy measures to encourage and enable business, and in particular to ensure that large and transnational companies and financial institutions:

(a) Regularly monitor, assess, and transparently disclose their risks, dependencies and impacts on biodiversity, including with requirements for all large as well as transnational companies and financial institutions along their operations, supply and value chains and portfolios;

(b) Provide information needed to consumers to promote sustainable consumption patterns;

(c) Report on compliance with access and benefit-sharing regulations and measures, as applicable;

in order to progressively reduce negative impacts on biodiversity, increase positive impacts, reduce biodiversity-related risks to business and financial institutions, and promote actions to ensure sustainable patterns of production.

Indicators

Headline indicator:

  • 15.1 Number of companies reporting on disclosures of risks, dependencies and impacts on biodiversity*

Component indicator:

  • Indicator based on the Task Force for Nature-related Financial Disclosures

Complementary indicators:

  • Species threat abatement and restoration metric
  • Number of companies publishing sustainability reports

Mapping with Sustainable Development Goals

SDG Target 9.4

By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, with all countries taking action in accordance with their respective capabilities

SDG Target 12.6

Encourage companies, especially large and transnational companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle

Mapping with 4th Ramsar Strategic Plan 2016-2024

Ramsar Target 3

The public and private sectors have increased their efforts to apply guidelines and good practices for the wise use of water and wetlands.

Baseline
  • 50% of Parties report actions taken to implement incentive measures that encourage the conservation and wise use of wetlands. (National Reports to COP12).
  • 37% of Parties report actions taken to remove perverse incentive measures that discourage conservation and wise use of wetlands. (National Reports to COP12).
  • 60% of Parties report private sector undertaking activities for the conservation, wise use and management of wetlands in general. (National Reports to COP12).
  • % of Parties have national Ramsar Committees that include both governmental and non-governmental representation. (Data source: new question for National Reports).
Indicator
  • % of Parties reporting actions taken to implement incentive measures that encourage the conservation and wise use of wetlands. (Data source: National Reports).
  • % of Parties reporting actions taken to remove perverse incentive measures that discourage conservation and wise use of wetlands. (Data source: National Reports).
  • % of Parties reporting private sector undertaking activities for the conservation, wise use and management of wetlands in general. (Data source: National Reports).
  • % of Parties having national Ramsar Committees that include both governmental and non-governmental representation. (Data source: new question for National Reports).
Ramsar Target 9

The wise use of wetlands is strengthened through integrated resource management at the appropriate scale, inter alia, within a river basin or along a coastal zone.

Baseline
  • 55% of Parties have adopted wetland policies or equivalent instruments that promote the wise use of their wetlands. (National Reports to COP12).
  • 71% of Parties consider wetlands as natural water infrastructure integral to water resource management at the scale of river basin. (National Reports to COP12).
Indicator
  • % of Parties that have adopted wetland policies or equivalent instruments that promote the wise use of their wetlands. (Data source: National Reports).
  • % of Parties that consider wetlands as natural water infrastructure integral to water resource management at the scale of river basin. (Data source: National Reports).

Possible further indicators that may be developed

  • {Involvement of stakeholders in various aspects of wetland and/or basin-scale management}
Ramsar Target 13

Enhanced sustainability of key sectors such as water, energy, mining, agriculture, tourism, urban development, infrastructure, industry, forestry, aquaculture and fisheries, when they affect wetlands, contributing to biodiversity conservation and human livelihoods.

Baseline

-

Indicator

Possible further indicators that may be developed

  • {Indicators related to the relevant sectors especially using or linking to relevant Aichi Target indicators and other relevant international processes}.

Mapping with CBD - Aichi Targets

Aichi Target 4

By 2020, at the latest, Governments, business and stakeholders at all levels have taken steps to achieve or have implemented plans for sustainable production and consumption and have kept the impacts of use of natural resources well within safe ecological limits.