In February 2024, Bord Bia launched a critical Biodiversity Target Guidance Report, designed to empower Irish food and drink businesses to develop and improve individual biodiversity strategies, plans, and reports.
This comprehensive and forward thinking report not only underscores the importance of biodiversity in the corporate sustainability agenda but also offers invaluable insights into emerging ESG reporting frameworks that companies will likely face in the coming years.
The frameworks that the report focusses on include the Corporate Sustainability Reporting Directive (CSRD), the Taskforce for Nature-Related Financial Disclosures (TNFD), the Science-Based Targets for Nature (SBNT), and the upcoming International Sustainability Standards Board (ISSB).
The report provides guidance to Irish businesses on how they can proactively align their operations with best practices in biodiversity action and reporting to ensure they are prepared to meet regulatory and customer biodiversity reporting requirements.
Globally there is widespread recognition of the need to halt biodiversity loss.
The landmark Kunming-Montreal Global Biodiversity …