Companies are increasingly looking to adopt comprehensive environmental strategies, including nature-based solutions, that look at their footprint beyond their greenhouse gas emissions to all along the value chain. We help companies create nature-positive strategies and integrate nature-based solutions to climate change into their business.
Dean Muruven
The planet’s ecological biodiversity provides vital services, including climate regulation, water storage and filtration, and air purification. And what is the estimated value of those resources? In excess of $150 trillion annually. Yet, human activity continues to endanger the natural world. We are in the midst of Earth’s sixth mass extinction event, with one-fifth of the world’s countries now at risk of ecosystem collapse. Forward-looking companies understand that there is a compelling business case for building a nature-positive operation, finding synergies between climate efforts, and reducing the environmental impact of business.
Nature and climate are inextricably linked; loss of ecological biodiversity exacerbates climate change. And nature-based solutions will play a critical role in capturing and reducing atmospheric carbon and enhancing adaptation and resilience. BCG helps companies understand the environmental impact of business and build comprehensive environmental strategies that align business priorities with planetary boundaries. This includes designing a holistic nature-positive strategy that addresses businesses’ contribution to deforestation, plastic pollution, and more:
Define the Nature-Positive Strategy and Ambition. We help companies assess their footprint when it comes to impacts on nature, set targets, and build a roadmap to integrate nature activities with their climate plans.
Make the Core Sustainable. We work with companies to build nature-positive supply chains and sustainable operations and, when possible, deploy nature-based solutions for biodiversity restoration and the regeneration of natural ecosystems.
Driving New Sustainable Growth. A nature-positive strategy is not only a means to reduce risk but also a way to build new businesses. We help clients seize those opportunities, including via new green ventures and deep tech. We also work with them to adopt new sustainable business models, including circularity, to produce more with fewer natural resources.
Enabling the Transformation. We work with companies to build the foundation for a successful nature-positive transformation, including creating the right operating model, governance, data strategy, and capabilities.
We worked with a global pharmaceutical company to develop a comprehensive nature-positive strategy that goes beyond decarbonization, helping the client conduct an end-to-end assessment of the value chain, identifying the impacts on ecological biodiversity, and leveraging synergies between climate and nature efforts.
We worked with two partner organizations to build out a dashboard that allows companies to assess their impact throughout the full water cycle, including rivers and oceans, and helped develop a nature-positive strategy and framework that identifies the most impactful issues by industry to enable companies to measure and take action on the most material issues.
WWF. BCG launched a global partnership with WWF in 2012, working with the organization on numerous projects—globally, regionally, and locally. We worked closely with WWF in the lead-up to COP15 to advocate for an ambitious global agreement on nature. Our work supports WWF’s mission to stop the degradation of the planet’s natural environment and build a future in which people live in harmony with nature.
Science-Based Targets Network (SBTN). BCG has partnered with SBTN to support the organization’s efforts to develop science-based targets for nature. Our support includes establishing governance and processes to ensure effective work with multiple stakeholders.
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BCG’s delegation of leaders will be at COP28, the UN Climate Change Conference, where they will work alongside public, private, and social sector leaders to accelerate climate action and advance adaptation and resilience. Learn more about our in-person and virtual programming.
BCG’s nature-based solutions consulting team has deep expertise in biodiversity restoration, ecological biodiversity, and nature-positive strategy design. Here are some of our experts in nature-based solutions.
BCG recently acquired Quantis, a pioneering environmental sustainability consultancy, to help strengthen its climate change and sustainability expertise and transformation capabilities.
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