Home » Resource Database Report Biodiversity Disclosures Initiatives About this Report European Business & Biodiversity Platform | April 2024 In line with the increasing recognition of the importance of biodiversity for business, the demand for disclosure of corporate biodiversity performance is growing, too. Several biodiversity disclosure frameworks and standards, regulatory and voluntary, have been published or are under development. However, despite substantial alignment efforts between some of these disclosure initiatives, for most companies it is not always evident how these different biodiversity disclosure initiatives relate to each other,to what extent they are overlapping and where substantial differences can be observed. Developers of disclosure frameworks and standards try to accommodate this concern by providing so-called interoperability mappings or correspondence tables, which provide a high-level comparative analysis covering the whole range of disclosure requirements.This Thematic Report focuses on biodiversity within the respective disclosure initiatives and highlights the major differences and similarities. The report covers 6 biodiversity disclosure initiatives, three of them are regulatory, and three have a voluntary character: Regulatory▪ European Sustainability Reporting Standard (ESRS) E4 on biodiversity and ecosystems, part of theCorporate Sustainability Reporting Directive (CSRD)▪ Sustainable Finance Disclosure Regulation (SFDR)▪ French Energy and Climate Law, in particular Art 29 Voluntary▪ Disclosure recommendations and additional guidance of the Taskforce on Nature-related FinancialDisclosures (TNFD)▪ Biodiversity Standard of the Global Reporting Initiative (GRI)▪ Biodiversity disclosure requirements by CDP (the former Carbon Disclosure Project). You can download the report here Related resources WBCSD TNFD pilot use case: Iberdrola WBCSD | 2023Location: Brazil, Global, Mexico, Spain, United Kingdom +1 moreLEAP Use Case The case study outlines the process that Iberdrola, a renewable energy company with assets in 12 countries, undertook to apply the Locate and Evaluate phases of LEAP and match them with their own nature and biodiversity assessment methodology. The outputs from these phases informed Iberdrola’s...