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The Nature Risk Project
The Challenge
Data fragmentation and quality
Lack of standardized datasets presents challenges in comprehensive analysis of nature risk across the business. Freely available data is unable to provide localized insights necessary in nature assessment
Information asymmetry
Companies lack visibility into commodity procurement information and internally data is held separately across different departments
Complexity in nature
Understanding nature requires experts which do not sit with corporates, and the data disclosure requirements are inconsistent
Organizational readiness
Organizations do not consider nature as a material risk often excluding it from long-term decision making
The Solution
Integrated high-quality data platform
Behind a platform that enables access across multiple teams is a hub that aggregates over 30 third-party and proprietary data sources and acts as a single source of truth
Commodity traceability & supplier engagement
Through the aggregated data, companies are now able to track commodity risk hotspots and engage with suppliers to ensure sustainable procurement practices
Expert-driven nature assessment platform
Provide a platform that is easy-to-use, visual, requires minimal information and presents necessary information and are aligned with global reporting frameworks and assessment methods
Decision-ready insights for management and strategy
The platform sorts all input and visually presents key information required by management to make critical decisions
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