There has never been a better time for businesses to assess their impacts and dependencies on nature. Through understanding and considering the risks and opportunities created by nature, businesses can make better decisions that benefit themselves, society and the planet as a whole.
As part of the 10-Day Challenge we’ve brought together over 40 practical sessions on a variety of topics including natural capital accounting, nature-based solutions, biodiversity and much more.
View recordings and download resources from all the sessions below:
Day 1 : Thursday, 11th March
10 Day Challenge Opening Panel Session - Why should business act now?
We Value Nature
This session is designed to inspire businesses by making clear the direction of travel in the EU and globally. This will cover: the EU Green Deal; the global post-2020 Biodiversity Framework under the Convention on Biological Diversity; nature-based solutions for climate change adaptation and mitigation under the Paris Agreement; current business thinking around nature-related risk and opportunity and growing business commitments for nature.
This Opening Session addresses the 'why', with the remainder of the 10-Day Challenge addressing the 'how'. The session will involve short opening statements and lively panel debate with high-level speakers.
The Economics of Biodiversity: The Dasgupta Review, and the Capitals Approach for business
UK Treasury & Capitals Coalition
The Dasgupta Review, commissioned by the UK's Treasury and led by Professor Sir Partha Dasgupta, was published in February this year. This session will explore the Review's intellectual framework, its recommendations, and what they mean for businesses. We will explore options for change including natural capital accounting; sustainable production, consumption and supply chains; and finance. We will also illustrate how a Capitals approach can underpin the achievement of several of the Review's recommendations. A greater understanding of business impacts and dependencies on natural, human, and social capital is essential to overcome our shared global challenges.
Joining the Dots: Operationalizing Intent for Impact
Wildlife Habitat Council
What happens once a corporation adopts a goal for nature? How does the goal become operationalized across business units, geographies and facilities? In this session, WHC will draw on three decades working with companies like Toyota, General Motors, CRH, Bayer, Shell and BASF to join the dots from global corporate ambition to local operation through strategic approaches, toolkits and other support mechanisms and, a deep understanding of the different drivers for action or inaction.
How to raise awareness and increase engagement for biodiversity among your employees?
Companies adopt biodiversity commitments to limit their impacts and contribute to its preservation, but the effectiveness of a biodiversity strategy relies on key players: employees.
You work on biodiversity? You have a biodiversity strategy to implement or to advocate to your top managers? Biodiversity actions to share and promote to your co-workers?
This session will give you an overview of concrete actions to engage employees for biodiversity, provide you keys to identify the steps to be taken to mobilize your co-workers, and incorporate them as direct actors of your business strategy. To illustrate different strategies, three companies will share their feedbacks and tips on actions they took to mobilize their employees.
¿Cómo es de material la biodiversidad para el IBEX 35? / To what extent is biodiversity a material issue to IBEX 35?
Natural Capital Factory, Ecoacsa & UPM
En este webinario, se presentarán los resultados del análisis realizado por Ecoacsa y la UPM a las empresas cotizadas españolas sobre su desempeño en materia de divulgación de información relacionada con la biodiversidad. Además, representantes del IBEX 35 mostrarán ejemplos de buenas prácticas y oportunidades de mejora, y los participantes también conocerán la actual situación del marco regulatorio de la UE y qué está por venir en este ámbito.
Know Your Environment - Applying The Integrated Biodiversity Assessment Tool
This session of the We Value Nature 10-Day-Challenge will present IBAT as a tool to support the sustainability of companies in areas including biodiversity risk screening, sustainability reporting and sustainable sourcing.
•Ben Jobson, IBAT Programme Officer, will provide an overview of IBAT, showcasing how businesses can use the web-based mapping tool to understand the natural world around them.
Additionally, an expert panel from European Investment Bank and Heidelberg Cement will present their best practice biodiversity and natural capital work.
There will be an opportunity for Q&A at the end, of the session.
Nature-based solutions for business: everything you wanted to know but were afraid to ask
WBCSD & IUCN
Participants in this session will learn about different nature-based solutions (NbS) and the tools available to help your respective business and networks develop NbS actions that have multiple benefits for people and nature. The session will clarify the definition and scope of NbS, based on WBCSD's recently launched "Accelerating business solutions for climate and nature Report : Mapping nature-based solutions and natural climate solutions".
In addition, it will explore how business can design and implement NbS using the IUCN Global Standard for Nature-based Solutions and share examples and lessons for the benefit of others embarking on this journey.
The Parcheesi of Sustainability is a playful teaching methodology. The participants are divided into groups and pretend to be the sustainability directors of an extractive company. They will have to choose which stakeholder to prioritize and which Sustainable Development Goals (SDG) are linked to their value chain. Bad decisions can cause social and environmental problems and lead your company to bankruptcy. All this, within the framework of a game of ludo.
Creating Partnerships to Protect Endangered Wildlife
The recently published Dasgupta Review, ‘The Economics of Biodiversity’, has starkly highlighted the decline of global biodiversity. Businesses need to step up investment in nature-based solutions, as part of the need for multi-stakeholder collaboration to support the protection of endangered wildlife.
In this session, APRIL Group will discuss how its production-protection model supports its ecosystem restoration in Sumatra. APRIL will also share updates on its APRIL2030 strategy, which includes long term targets for conservation. The session will provide insights on how businesses and NGOs can collaborate to protect endangered wildlife and how such initiatives can be scaled up to increase investment in nature-based solutions.
How business can move into action and take public SMART commitments now
Taking concrete action for biodiversity is possible now, even in the absence of a universal measuring or valuation method. Numerous companies have already taken this path.
In this session, Karen Degouve (Head of Sustainable Business Development in Natixis) and Coline Jacobs (Sustainable Development Department of Veolia) will present how Natixis and Veolia succeed in implementing concrete biodiversity actions and what public SMART commitments they have taken.
Claire Tutenuit (Managing Director of EpE) and Eva Zabey (Executive Director of Business for Nature) will present, from their experience, how international actors and nature could benefit from cross-sector “SMART commitment to actions” initiatives.
The impact of business on climate change: why is it relevant and how can we measure it?
Organizations are increasingly valued for their impact and not only for their financial performance. From the "profitability-risk" binomial, we have moved on to a trinomial in which sustainability plays a fundamental role in the business world.
In this session, we will present the capitals approach and we will focus on the relevance of natural capital under the framework of the We Value Nature 10-Day Challenge. In particular, we will explore the importance of the impact of companies on the natural environment and introduce the main existing methodologies to quantify this impact.
- Marta Santamaría. Director, Capitals Coalition
- Kreab Sustainability & Economics Department
- Nuria Rodríguez, Naturgy
The Biodiversity Collage/ La Fresque de la Biodiversité
"La Fresque de la Biodiversité", or "Biodiversity Collage", is a 3-hours interactive and collaborative workshop to understand : what is biodiversity and how we depend on it, our impact on Biodiversity, and the risks associated to its erosion. The purpose of this workshop is to create a framework for biodiversity inclusion into business strategies.
How to develop practical guidance on nature and biodiversity for SMEs in the agri-food sector?
The objective of this session is to engage SMEs and their partners on the following challenge: “How to develop practical guidance on nature and biodiversity for SMEs in the agri-food sector?” The session will specifically aim to:
(1) identify practical solutions implemented by pioneering SMEs;
(2) map the support tools, guidance and data already available to SMEs; and
(3) identify the key elements that must be included in these guidance to ensure their relevance for SMEs. The session will also be used to engage SMEs in the development of the Code of Conduct to promote responsible business and marketing practices across the food industry and retails sector currently being designed as part of the EU Farm to Fork Strategy.
Planning and Monitoring Corporate Biodiversity Performance
In this session, IUCN and its partners will present an approach for developing a corporate level biodiversity strategic plan that allows companies to measure their biodiversity performance across their operations. This approach can be used by any company in any sector that has impacts and dependencies on biodiversity, whether large or small, national or multinational.
Participants in this session will come away with an understanding of the new IUCN approach and its added value, how it is being applied by companies to enhance the ways they value nature.
The IUCN Guidelines for the Planning and Monitoring Corporate Biodiversity Performance, which will be launched on the occasion of this session.
Nature Business Ambition: The momentum of collaboration
Understanding the dependence and impact of each sector on nature, and knowing how to integrate it into the business strategy and business model, requires knowledge and tools that facilitate its implementation. In this session, a series of challenges, solutions and opportunities to address nature from the Ambition, Action and Alliances strategy will be presented. This strategy will be presented based on the experience and collaboration between companies and specialised organisations.
Food & Beverage business training: Introduction to the concept of natural capital
Nature^Squared & We Value Nature
On 16 March, from 14:00-16:00 CET, We Value Nature together with Nature^Squared will be launching the newly developed introductory training on natural capital, tailored to the Food & Beverage (F&B) sector.
This interactive training will explore the relationships between F&B businesses and nature and will introduce you to key approaches & tools to integrate natural capital in decision-making. During the training we will familiarize you with the F&B Sector Guide to the Natural Capital Protocol and the TEEB AgriFood Operational Guidelines for Business.
We will also have the great opportunity to hear from Volkert Engelsman, CEO of Eosta, on its company’s experience and journey to value natural capital.
Embedding nature into business models: success stories
The Global Partnership for Business and Biodiversity
The session is hosted by the Global Partnership for Business and Biodiversity and will bring concrete examples from companies that embraced the challenge of re-imagining their businesses models exploring some of the challenges and highlighting positive results in their journey. The selected companies are from different sectors, sizes and from a variety of countries to provide for a diverse set of examples and solutions that can serve as benchmarking and inspiration.
Navigating the landscape of biodiversity measurement tools for businesses and financial institutions
Many businesses are facing challenges with measuring their biodiversity performance and keeping track of the rapidly evolving landscape of biodiversity measurement approaches. This session will present the latest work by the EU B@B Platform to better understand the emerging field of measurement approaches for biodiversity. Using the Biodiversity Measurement Navigation Wheel as a reference to guide decision-making, the session will drive you through a number of key criteria that inform businesses about which approach fits best their needs. The webinar will present this new decision framework and illustrate its functionalities by means of concrete case studies on how businesses have applied different biodiversity measurement approaches.
10-Day Challenge Mid-Way Plenary: How to accelerate business action for nature and social justice.
We Value Nature
Join us for a conversation on how to accelerate business action for nature and social justice! Mark Gough, CEO Capitals Coalition, will join a ‘kitchen-table’ conversation with key actors in this space. We will explore the thinking behind We Value Nature, responses to and key findings from the 10-Day Challenge say far and how to overcome common barriers.
Социалните програми не са просто благотворителност – как да изчислите възвращаемостта на социалните инвестиции (SROI)?
Компаниите често са изправени пред избор кои точно социални инициативи да подкрепят и как да проследят всички въздействия, отвъд реализираните дейности и преките им резултати. Корпоративните социални политики отдавна не са просто благотворителност и дарения. Решението за подкрепа минава през отговор на редица въпроси, свързани с цялостното въздействие на проектите и „отпечатъкът“, който оставят.
В рамките на събитието ще покажем как да прилагате международно утвърдена методология за остойностяване на всички въздействия, за да направите оценка на програмата за корпоративна отговорност и как обективно да избирате проекти, които имат по-големи позитивни ефекти.
Addressing biodiversity blind spots: exploring steps to integrate biodiversity in decision-making
Biodiversity is undergoing unprecedented declines. Recognising impacts and dependencies on nature provides a clear business case for biodiversity conservation leading to cascading benefits for nature, people and the economy. Join us as we explore a stepwise approach for businesses and financial institutions to incorporate biodiversity into their natural capital assessments.
This session provides a unique opportunity to hear from industry leaders and to share your experiences, challenges and insights. Join this event to build your understanding of the importance and benefits of integrating biodiversity into company decisions; explore how you can use the Biodiversity Guidance and Navigation Tool; and learn directly from business leaders.
Imaginal Progression: A Metamorphic Approach to System Resilience
Organisms go through metamorphic changes to adapt their function while keeping core components or Imaginal Discs through their evolution. The Imaginal Disc approach to Systems Resilience teaches the entire organization continuously examine itself at every level. Constant diagnosis becomes part of the organizational culture where adaptability is driven by purpose, the needs of individuals within the organization are met with continuous learning and support in an environment that evolves without attachment. Together, we will explore nature based decision-making, using examples from participants to diagnose systems, barriers to adaptability and possible interventions towards creating a space of Metamorphic Resilience.
Biodiversity and business decarbonization – minimizing the risks, maximizing the co-benefits
Climate change and biodiversity are interconnected – this is now widely recognized. For business, decarbonization is becoming the new normal, and biodiversity is a new topic gaining prominence on the horizon. On top of “zero-carbon”, the world is increasingly talking about “biodiversity positive”.
How can we align business decarbonization and biodiversity strategy? There are obvious co-benefits, but there are also pitfalls and trade-offs to watch out for. In this session, you will be able to learn about these through practical examples.
Detailed session on the BSI: Natural Capital Accounting standard
Little Blue Research, eftec & bsi
In this session committee members drafting the BSI Natural Capital Accounting standard will:
1. Provide an introduction to the BSI and the process for developing a standard
2. Introduce the BSI standard with a particular focus on key features of natural capital accounting
3. Discuss how natural capital accounting can contribute to answer key questions like:- what are the main impacts and dependencies on nature;- where and how they can reduce their negative impacts and enhance the assets they depend on; among others
4. Refer to examples of where companies are beginning to use the BSI approach
5. Link the work on the standard to other market developments such as: UN System of Environmental accounts, broader accountancy, etc.
Applying Enterprise Risk Management to manage your relationship with natural capital
This session provides participants with insight to the business context and natural capital factors that are driving a need for more robust risk management capabilities. It provides practical tips, guidance and insight to techniques to support effective risk assessment and prioritization of ESG and natural capital issues.
Facilitate your sustainability transition by linking your Circular economy action to improving your impact on Biodiversity
The Rock Group
Biodiversity is often seen as a difficult, and "outside our scope" topic, feeling out of reach or involving too much work. When linking biodiversity to a topic which is already embraced, e.g. the circular economy: we observe it is much easier to explain biodiversity and engage companies to it. This also provides a systemic approach to sustainability strategy.
The webinar session we would like to submit will have two objectives:
- Making sure our attendees understand the link between Biodiversity and Circular Economy and are able to strategize sustainability action on both items
- Have our attendees design an action plan of embedding biodiversity in all relevant processes of their organisation
Peer-learning for national/regional business and biodiversity platform coordinators
Do you have questions about how to set up a business and biodiversity network? Are you platform coordinator and need ideas for how to build and maintain momentum? Join this interactive session to share about your key challenges in setting up and running business and biodiversity platforms and learn about best practices and strategies to tackle them. This will be a peer-learning event, driven by your questions so bring your questions and ideas! Experienced platform coordinators have volunteered to answer your questions and offer their strategies and solutions to engage businesses on biodiversity.
What is rewilding and why should it be on your next meeting agenda?
Carbon offsetting is in the minds and processes of many companies. While this instrument supports compensation, it shows limits for businesses to repair the impact their activities generate. Rewilding, as a regenerative strategy, opens new opportunities to integrate climate change and biodiversity on companies’ agendas, while reaching an additional economic impact.
In an interactive way, the session will highlight and discuss horizons rewilding give to companies of all sectors. Starting with a PechaKucha on rewilding and business, it will then open up for exchanges, stories and anecdotes.
Transparent: co-developing standardized natural capital accounting and valuation principles for business
Value balancing alliance, Capitals Coalition and WBCSD
The consortium of Value Balancing Alliance, the Capitals Coalition and the World Business Council are developing a standardized natural capital accounting and valuation principles for business under the EU LIFE funded project Transparent.
This work must reflect best practices currently used by business and finance. Consequently, the feedback from practitioner is critical for the long-term impact of the project.
This session is aiming at introducing the project and discussing with the audience some key scoping elements to steering the next developments of the project.
Integrating biodiversity value in quarry restoration: Linking business and applied science
This session will focus on ecosystem restoration and biodiversity promotion in quarries using the unique case study of “Outão quarries”. It will address the relation between applied scientific research and a sustainable exploitation of resources, a topic of great relevance to a broad audience beyond the extractive sector. It will focus on habitat management and restoration strategies to promote ecological services and uplift the conservation value of quarried areas, discussing several concepts and examples related to: challenges and opportunities in quarry restoration, comparison of restoration techniques, tools for the assessment of ecosystem services and biodiversity, including flora and fauna, and based on field and remote sensing data.
Transforming the food system: TEEBAgriFood for Business
The TEEBAgriFood for Business project aims to transform the food sector by including natural, social and human capital in decision-making. The session will introduce the TEEBAgriFood Operational Guidelines for Business, a framework to help businesses in the agri-food sector conduct a natural capital assessment and value nature, while also considering the other capitals.
By addressing the impacts and dependencies in the food sector, we will explore the risks and opportunities related to the capitals and the food system. Business representatives who followed our training sessions in Brazil and Mexico will interactively present how they have advanced in carrying out a capitals assessment and how this has shaped their decision making.
The session is being organized on the occasion of the World Water Day, and will bring together leading businesses to share their objectives and approaches to valuing water. The discussions will help participations appreciate the Business case, and the sector-specific issues and perspectives on valuing water.
A practical workshop on modelling nature-based solutions for water
The workshop will take participants through a step-by-step process for identifying where to implement nature-based solutions to water problems in a rural landscape. The workshop will involve working through processes for (1) NDVI calculation for standard GIS analyses, and (2) hydrological flow path mapping within QGIS. The presenter will share each step for opening, combining and manipulating the data. These GIS calculations can take some time, so pre-processed data and styling will also be supplied with the workshop materials. The pros/cons of these approaches will be discussed as well as summarising methodologies where more advanced hybrid approaches have been applied. Details for videoconferencing into the session to follow.
Institutional inertia has been identified as one of the top-three barriers to natural capital uptake, according to the We Value Nature campaign. It is often the “softer” organisational changes that can sometimes seem harder than the more technical aspects related to the natural capital actions. This two-hour session will launch a prototype of a tool and guide for all sustainability change agents in and outside of companies to identify issues that affect can momentum at both an individual and an organisational level. The aim is to help participants be able to overcome or even ideally avoid such issues on their natural capital journey. They will gain new insight into how they can apply this knowledge in their own contexts.
Water-related financial reporting, a tournament with high stakes
Join CDSB's tournament to understand how to report on water-related financial matters. CDSB's application guidance for water-related financial disclosure helps companies to disclose material water-related information in their annual reports, like TCFD does for climate.
The guidance offers companies a means of developing their reporting practices and ensuring that investors are receiving the material water-related information needed for effective capital allocation to drive the transition to a sustainable, resilient, and water-secure economy. This session on water-related financial disclosures will dive into practicalities, present case studies and will include a series of quiz questions throughout. A prize awaits the winner!
The Nature4Cities platform (https://www.nature4cities-platform.eu/ ) is a one stop-shop that provides knowledge and assessment for Nature Based Solutions. N4C results and tools can therefore help you creating, assessing and implementing your NBS projects.
We invite you to come and discover the Nature4Cities platform and its first results then to test it in live with our direct support and finally to share your feedbacks.
Water stewardship is one of the key sustainable business priorities of The Coca-Cola Company (TCCC). Currently, TCCC returns to nature 100% of water used in beverage manufacturing. How do natural capital and valuing water fit into this? What can companies gain from applying natural capital principles when it comes to managing water issues?
You will be able to discuss this and more with Therese Noorlander (Sustainability Director Europe, The Coca-Cola Company) and Ivan Paspaldzhiev (Service Lead for Natural & Social Capital, denkstatt).
Biodiversity Action Plans (BAPs) - a way to integrate biodiversity management into your company. An interactive introduction to the approach with tricks and examples
BAPs are instruments that have proven to be hands-on and successful for companies and standards for the integration of biodiversity-friendly measures into value chains. The additional tool BAP-Monitor aims to guide the monitoring of actions and impacts.
This session shares experiences on the implementation of BAPs and the BAP-Monitor. Private Business Action for Biodiversity project, implemented by GIZ and funded by the German Federal Ministry for The Environment, Nature Conservation and Nuclear Safety through its International Climate Initiative, together with Global Nature Fund and the Union for Ethical BioTrade, will talk about their experience with BAPs and discuss first steps for their implementation in an interactive session.
Food & Beverage business training: Key steps to conducting a first natural capital assessment
Nature^Squared & We Value Nature
On 23 March, from 14:00-16:00 CET, We Value Nature together with Nature^Squared will be launching the newly developed module 2 training on natural capital, tailored to the Food & Beverage (F&B) sector. This training builds off of the introductory module provided on 16 March.
By guiding you through the key stages of the F&B Sector Guide to the Natural Capital Protocol and familiarizing you with the TEEB AgriFood Operational Guidelines for Business, this interactive training will provide you with practical and concrete guidance on how you can, as a F&B company, begin to approach a first natural capital assessment. We will also have a chance to hear from a business leader in the sector on its company's natural capital journey & experience.
Redefining value to build back better and change the food system
This session will focus on how a capitals approach can inform decision-making on Covid Recovery and Food systems transformation. It will convene public and private experts to discuss relevant cases. We will discuss how business and policy can use natural capital data to underpin action on Covid recovery and Food system change.
We will explore how national natural capital accounting could be used by businesses at their level. We will invite participants to embark on a challenge to explore new applications . With the aim to discuss these potential new applications the Capitals Coalition will organize regular online discussions in the period May - July 2021, as part of the Government Dialogue and Combining Forces program.
Deep dive session on the principles for integrated capitals assessment
Little Blue Research, Capitals Coalition, consciam and Sustain Value
In this session the lead authors of the Capitals Coalition thought leadership on integrated capitals assessment will focus on the five core principles of:
1. Consider all forms of capital and include all relevant capitals
2. Take into account the surrounding system and its inter-connections
3. Apply an appropriate level of attribution based on your degree of influence
4. Present values at an appropriately granular level for the decision being made
5. Specify and address key differences in impacts and dependencies amongst all stakeholders. The session will provide some examples to demonstrate the challenges, how these can be overcome and how the approach links to natural capital.
More and more businesses, governments, and financial institutions understand the risks and opportunities associated with nature loss, climate change, and inequality.
This session brings together the key actors who are driving the identification, measurement, and valuation of the benefits that nature and people provide around one table. It will highlight the commonality that is at the heart of different valuation approaches, and provide a clear navigate route through what is often perceived at first sight as a somewhat complex and overwhelming space.
Join the Capitals Coalition and leaders from the different valuation approaches as they set out together a shared vision of the future that we must all get behind.
10-Day Challenge Closing Plenary - Insights on enabling business action for nature
We Value Nature
This session brings together a panel of outstanding young sustainability professionals, who will provide their vision on what they believe the role for business is in creating a sustainable, socially-just, nature-positive economy.
This event is the culmination of a campaign to bring a different perspective to the table. Reflecting on the conversations throughout the 10-Day Challenge, the Panel will highlight promising approaches to stimulating business action for nature, inspiring cases of business action for nature, and notable participant interactions.
The session will be an open discussion, inviting all young professionals to join, contribute and change the conversation.