Support global and regional efforts to enable business to more effectively monitor and report on their national and global impacts on biodiversity.
Objective 6: Take action on the indirect drivers of biodiversity loss
Priority Action 31. Address unsustainable supply and demand to reduce biodiversity impacts.
Efforts to support business reporting on biodiversity impacts are being developed through alignment with international frameworks such as the Global Biodiversity Framework (GBF) and emerging nature-related financial disclosure approaches.
In Scotland, policy development is also linked to broader work on natural capital accounting and sustainable finance, including the Biodiversity Investment Plan and Natural Capital Market Framework, which aim to improve transparency around nature-related impacts and investment decisions. However, current evidence indicates that business reporting on biodiversity impacts remains early-stage and largely voluntary, with limited mandatory requirements for companies to consistently measure or disclose biodiversity impacts across supply chains.
Internationally, emerging frameworks such as the Taskforce on Nature-related Financial Disclosures (TNFD) are being adopted by some organisations, but there is no comprehensive, mandatory system yet in place that ensures consistent reporting of biodiversity impacts at national or global scale.
Alignment with global frameworks (e.g. Global Biodiversity Framework and TNFD) supports development of biodiversity reporting standards, but these are still voluntary or in early adoption stages. Biodiversity finance and disclosure systems remain underdeveloped and not yet delivering consistent accountability for nature impacts. There is no evidence yet of systematic, mandatory business reporting leading to measurable biodiversity improvements in Scotland. Ecological impact is therefore indirect, through enabling better future decision-making rather than current measurable outcomes.
Convention on Biological Diversity – Global Biodiversity Framework
Taskforce on Nature-related Financial Disclosures (TNFD)
Scottish Environment LINK – Hitting the Targets
Scottish Government – Natural Capital Market Framework
Progress a range of actions to deliver a more circular economy in Scotland, through the Circular Economy & Waste Route Map and National Litter and Flytipping Strategy and implementation of the Circular Economy (Scotland) Act 2024, in order to promote sustainable consumption and production of materials and products, and responsible disposal of Scotland’s waste.
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