Why Measure Your Impact on Nature?
The World Economic Forum (WEF) highlights that over half of the world’s GDP is dependent on nature, emphasising the importance of biodiversity.
The UK Government’s State of Nature Report notes a 19% average decline in species since 1970, with nearly 1 in 6 species now threatened with extinction.
The GFI Nature-Related Risks and Impacts report estimates that biodiversity risk could cost the UK economy £70 billion by the late 2020s.
Nature Context
International standards, such as ISSB, TNFD and CSRD emphasise the need to assess and manage sustainability risks and opportunities.
By measuring nature impact, businesses can mitigate environmental risks while unlocking new opportunities.
Nature Impact Metric (NIM)
Klere's Nature Impact Metric (NIM): Setting a New Standard in Biodiversity Measurement
NIM is an innovative tool designed to help businesses measure their biodiversity footprints quickly, accurately, and cost-effectively. Leveraging Defra’s Biodiversity Metric, it provides clear insights into the biodiversity impact of direct operations and supply chains.
It supports ESG reporting, aligns with CSRD and TNFD frameworks, and provides actionable insights to reduce biodiversity footprints and drive sustainable supplier behaviour.
“Klere’s Nature Impact Metric is a significant advancement in biodiversity accounting, providing businesses with the tools they need to measure and mitigate their impact on nature.”
- Paul Crowe, CEO
NIM examines the impact driver of land-use change and assesses changes in the state of nature, focusing on both condition and extent.
NIM: A Desktop-Based Solution for Biodiversity Impact
Extending the UK Government's Defra Statutory Biodiversity Metric, NIM incorporates peer-reviewed assumptions to calculate the ‘nature cost’ of business activities, focusing on the opportunity cost of habitat loss.
Using a footprinting approach similar to carbon accounting, the tool provides actionable insights to mitigate biodiversity impacts across Scope 1 (direct land use), Scope 2, and Scope 3 (supply chain land use).
The development of an Enriched Habitat Map and the integration of environmentally extended multi-region input output EE-MRIO tables enable NIM to analyse location-based and supply-chain data, offering a comprehensive assessment of an organisation's impact on nature.
Expressed in 'Biodiversity Units,' it provides a tangible and comparable value for biodiversity impact.
Klere Nature & Carbon Platform
Klere has developed an advanced Nature Dashboard powered by the NIM toolset.
The platform provides cost-effective nature and carbon footprint assessments in just days or weeks, streamlining sustainability reporting.
The video offers a demo of the nature/carbon platform, providing a brief overview of how clients can interact with the available data.
Klere Limited
Nature data and carbon capture.
enquiries@klere.uk
Tel: 0203 583 1263
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