Service Overview
The need for natural capital conservation has rapidly increased, marked by the adoption of global targets at the COP15 Biodiversity Conference in December 2022 and the publication of the TNFD disclosure framework in September 2023. Natural capital conservation is becoming a crucial environmental issue alongside climate change and resource recycling. Regulatory movements, such as the CSRD in Europe and IFRS disclosure requirements, are advancing, with Japan also requiring sustainability-related disclosures in securities reports, shifting from voluntary to mandatory disclosures.
Our firm offers comprehensive support, from identifying material issues related to natural capital and conducting IRO (Impact, Risk, Opportunity) assessments to formulating and implementing effective management plans for natural capital conservation. We go beyond compliance with TNFD disclosure requirements to provide high-impact support. We also focus on water, a critical aspect of natural capital, offering comprehensive water risk assessments for company sites, strategies for reducing water usage at key sites, and developing response plans considering local characteristics.
Consulting Approach
Natural capital comprises various elements such as water, forests, soil, air, and biological resources. Using the TNFD’s LEAP approach (Locate, Evaluate, Assess, Prepare), we examine elements of natural capital that are material for companies, considering both dependencies on and impacts on nature.
For risk assessments, we use public tools like Aqueduct and Biodiversity Risk Filter to comprehensively understand risks, enhancing resolution through desktop and on-site investigations for key locations. We integrate these findings into management plans, ensuring the consideration of stakeholder relationships in the region to balance business continuity and community coexistence.
Expected Outcomes
- Enhances executive understanding and awareness of natural capital conservation
- Adapts to rapidly changing domestic and international policy trends on voluntary and mandatory disclosures
- Addresses business continuity risks related to natural capital
- Effectively communicates and showcases conservation efforts to stakeholders
Achievements
- TNFD compliance support
- Research on trends related to natural capital
- Impact assessment of bioplastics on natural capital
- Water risk assessment
- Water management plan development support