Ash Welch, AECOM’s nature-based solutions and biodiversity specialist, was part of the SUSTAIN project, a case study to help businesses, financial institutions and regulatory bodies understand how their impacts and dependencies on nature affect their operations and profits.
SUSTAIN, which stands for “Strengthening Understanding and Strategies of Business to Assess and Integrate Nature,” is a project by the Capital Coalition organization and is co-funded by the EU, the Swiss State Secretariat for Education, Research and Innovation (SERI), and UK Research and Innovation (UKRI) under the UK government’s Horizon Europe funding guarantee.
AECOM was one of the organizations featured in the case study, which showcases how companies apply the strategic steps of the Assess, Commit, Transform, Disclose (ACT-D) framework, and existing tools and resources such as the Taskforce on Nature-related Financial Disclosures (TNFD) LEAP (Locate, Evaluate, Assess, Prepare) approach on projects and operations.
The project will run for three years with the hopes of providing organizations the rights approach, as well as advance existing tools, to halt and reverse biodiversity loss. The project partner consortium is made up of Capitals Coalition, Oxford Sustainable Finance Group, UNEP-WCMC, WBCSD, ShareAction, PBL Netherlands Environmental Assessment Agency, ETH Zürich, Fundación Biodiversidad and IUCN secretariat and European Regional Office.
Click here to view the report.