Home » Resource Database Guidance document Why nature matters to accountants Authoring Organisation Global Account Alliance Publish Date March 2025 View this document (Why nature matters to accountants)(This link will take you to an external website) About this Guidance documentThe Global Accounting Alliance’s guide, Why Nature Matters to Accountants, equips accounting professionals with the knowledge and practical steps needed to integrate nature-related considerations into their work. It underscores the financial materiality of nature-related risks and opportunities, providing role-specific guidance for board members, senior managers, analysts, report preparers, and auditors. Through real-world case studies and actionable insights, the guide supports accountants in aligning their practices with emerging sustainability standards and stakeholder expectations. View this document (Why nature matters to accountants)(This link will take you to an external website) Related resources Insuring a resilient nature-positive future: Global guide for insurers on setting priority actions for nature Building on the Principles for Sustainable Insurance (PSI)’s long-standing work on nature-related issues over the past decade, the PSI Working Group for Nature was established in May 2024 to address the need for insurance industry specific-guidance on their role in responding to the escalating... Biodiversity and Ecosystem Services: a business case for re/insurance Swiss Re (September 2020) “The Swiss Re Institute Biodiversity and Ecosystem Services (BES) Index assesses which economic sectors are most reliant on nature and evaluates the exposure each country has to BES decline.” Insuring Nature’s Survival: The Role of Insurance in Meeting the Financial Need to Preserve Biodiversity Green Finance Platform (April 2022) This report looks at what the insurance sector can do to support the financial need to protect biodiversity, highlighting key opportunities and challenges for insurance-based solutions to the nature crisis. Why nature matters: Nature-related risks and opportunities for insurance underwriting Cambridge Institute of Sustainability Leadership (September 2022) According to recent research, over half of insurers and re-insurers believe that nature-related risk is material to their underwriting business, however nature risk is not being assessed by underwriters. This report...