A global investor-led engagement initiative has revealed a set of benchmark indicators for assessing corporate action on nature.

The Nature Action 100 Company Benchmark is set to measure nature progress towards the initiatives 100 companies.

It has been developed in consultation with investors and is comprised of six indicators covering ambition, assessment, targets, implementation, governance and engagement.

Nature Action 100 will release the first company assessments based on the benchmark later this year and will conduct them annually thereafter.

Companies will be assessed on the quality of their disclosures and actions.

“The Nature Action 100 Company Benchmark will be an important tool for investors to assess companies’ exposure to material nature-related risks and track progress on their biodiversity strategies,” Nature Action 100 Steering Group member, Sonya Likhtman said.

“We were pleased to provide input to the benchmark through the consultation process, focusing especially on ensuring that companies address impacts throughout the value chain and effectively engage Indigenous groups.”

The benchmark will be a resource for the more than 200 Nature Action 100 investor participants in their engagements with companies under the initiative. The assessments will also support investors in better understanding the material nature-related financial risks in their individual portfolios and how they can manage these to protect the long-term economic interests of their clients and beneficiaries.

Companies can use the assessments to understand their progress against investor expectations on nature.

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