An interesting read from Cambridge Institute for Sustainability Leadership (CISL) and Asda on the need for food businesses to understand and address their impacts and dependencies upon nature. The business case is clear, materiality assessments can be made and TNFD can be applied, but what does it all mean in reality; how can businesses then implement the necessary actions to shift towards more regenerative systems in their supply chains? A suggestion is that food businesses have a critical role, and indeed opportunity, to support the transition to regenerative farming and deliver resilient supply chains. They can do this by considering innovative financing mechanisms that provide farmers with the capital to transition and by taking steps to derisk the system. We need to find ways to deliver the change needed and deploy the capital that unlocks this shift to deliver restorative and regenerative farming in a way that still makes business sense to farmers, financiers and corporates alike. #regenerativeagriculture #naturepositive #transitionfinance #workingwithnature
🚜Unsustainable agriculture is one of the main drivers of nature loss, and with the 2030 goal of reversing nature loss looming, it is critical that we start looking at the impact of food systems on nature. Today we're releasing our report in partnership with Asda and four of their food suppliers to understand how they can address nature within their businesses. The complexity of food supply chains and nature's geographic variability make it challenging to map and improve a company's interactions with nature. Our report identifies three key success factors that will help: 📈Getting the right data about the company's interaction with nature ⛓️Building visibility of and relationships with the supply chain 🍃Embedding nature action within wider sustainability and corporate strategy Read the full briefing here: bit.ly/49LIuHn #SustainableAgriculture #Agriculture #SustainableFoodProduction #FoodProduction #SustainableFarming #ASDA #CISL #NatureLoss
