Nature-Inclusive Governance: How to Onboard Nature as a Stakeholder
- Remke van Zadelhoff
- May 31, 2024
- 1 min read
We cannot do business (nor live) on an empty planet. ๐๐๐ฉ๐ช๐ง๐ ๐๐จ ๐ค๐ฃ๐ ๐ค๐ ๐๐ช๐จ๐๐ฃ๐๐จ๐จโ ๐ข๐ค๐จ๐ฉ ๐๐ข๐ฅ๐ค๐ง๐ฉ๐๐ฃ๐ฉ ๐จ๐ฉ๐๐ ๐๐๐ค๐ก๐๐๐ง๐จ, yet - perhaps due to its quiet nature - it's heard the least. How do you give a voice ๐ค to nature in your business?
Earlier this month, B Lab Benelux, the Earth Law Center and Nyenrode Business University released an excellent, free guide to help companies onboard nature as a stakeholder. Using practical examples of companies that have already incorporated nature as part of their governance structure, the toolkit lays out the four main, emerging models:
๐ฟ 1. Nature as an inspiration e.g. Willicroft
๐ณ 2. Nature as an advisor e.g. Corporate Regeneration
๐ 3. Nature as a director e.g. Faith in Nature, Danone Belux
๐ฆ 4. Nature as a shareholder e.g. Patagonia, Tonyโs Chocolonely
Next, the toolkit shares which steps to take to onboard nature and the jurisdiction-specific legal templates for the 4 different models (in progress).
Governance is a fundamental pillar of any corporate sustainability strategy. A nature inclusive governance structure helps your company to prioritize nature in its strategy development & decision making, meet (oncoming) nature-related reporting requirements and, most importantly preserve, protect and restore nature for all.
Photo: Ombu, by Remke van Zadelhoff
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