Biodiversity strategy development compliant with SBTN and ESRS for a multinational corporation in the CRE sector.

- Location: CEE- Year: 2024-2025- Client: one of the leading CRE holding companies operating in CEE region

Deep Eco's team conducted a biodiversity audit of the client's operations, using the findings to develop a comprehensive biodiversity strategy along with a monitoring plan and TNFD reporting metrics. The engagement encompassed the following key activities:

- Materiality and Value Chain Assessment: Identifying critical areas of impact across the client's operations and supply chain.
- Biodiversity and Ecosystem Health Assessment: Evaluating the current state, changes, and trends in natural environments within the client's locations.
- Assessment of Nature-Related Impacts, Risks, Dependencies, and Opportunities: Analyzing how the client's activities interact with natural capital.
- Scenario Analysis (TNFD Methodology): Exploring potential future states and their implications for nature and business.
- Development of SBTN Targets and KPIs: Setting science-based targets for nature and defining key performance indicators to track progress.
- Biodiversity Management Plan Development: Crafting actionable strategies to mitigate negative impacts and foster positive contributions to nature.
- Monitoring Plan Development: Establishing robust mechanisms to track the effectiveness of biodiversity initiatives.
- Preparation of TNFD-Recommended Disclosures: Compiling information for transparent reporting in line with Taskforce on Nature-related Financial Disclosures guidelines.
This biodiversity strategy empowers the client to understand their direct and supply chain impacts on natural ecosystems. It also provides a practical action plan to enhance the interdependence between nature and business activities, complete with a robust monitoring framework.

This comprehensive suite of analyses and actions fully aligns with the CSRD directive's requirements for biodiversity protection and ecosystem restoration. Furthermore, as a result of this assessment, the client is equipped with science-based indicators and metrics ready for non-financial reporting, consistent with global standards.

The developed strategy successfully underwent an independent verification by E&Y auditors. This attestation confirmed its full compliance with CSRD requirements and validated the high substantive and operational quality of the document.

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