Target setting process questions
Here we provide answers to common technical questions that companies have as they are going through the target-setting process.
At SBTN, a core goal is to combat biodiversity loss by guiding companies to protect, regenerate and restore nature, while using natural resources more sustainably.
Our approach addresses some of the primary drivers of biodiversity loss, determined by the IPBES assessment, by reducing negative corporate environmental impacts and increasing positive ones.
Biodiversity is a core component of nature, along with the abiotic elements (such as the water in freshwater and marine systems, the soil, and the atmosphere). It can be viewed through multiple lenses, each intricately dependent on the others: genes, species, ecosystems, and nature’s contributions to people (NCP).
As it cannot be understood using a single metric we also focus on indicators which capture progress on specific drivers of biodiversity loss which companies impact rather than one aggregate indicator.
Therefore our guidance enables companies to directly address the drivers of biodiversity loss associated with their business activities, and to make verified contributions to the conservation and restoration of biodiversity. Our guidance addresses threats to species, ecosystems, and nature’s contributions to people (NCP) but does not currently cover genetic diversity.
First, biodiversity is incorporated in the initial steps of target-setting: the environmental impact assessment and the prioritization of target setting in locations of critical importance for biodiversity.
Although the Step 3 Freshwater methods do not explicitly cover biodiversity indicators, biodiversity considerations are embedded within the thresholds that inform the target ambition levels for both the water quantity and quality targets. Namely, the quantity targets ensure the maintenance of environmental flows, and the quality targets ensure the avoidance of eutrophication, both of which incorporate the needs of certain freshwater species and ecosystems.
Our initial land targets also support biodiversity by comprehensively addressing land use change and habitat loss, as well as unsustainable patterns and practices of land use, which are among the primary drivers of biodiversity loss globally. For example:
Our strategic focus is on developing further guidance to expand the biodiversity coverage across our target-setting process. This evolution includes expanding our metrics and safeguards to encompass critical issues such as species overexploitation and invasive species, areas where our current methods are evolving based on advancing scientific knowledge.
We will soon publish a comprehensive overview detailing SBTN’s approach to biodiversity, outlining pathways to integrate new metrics, indicators, and safeguards. Potential pathways include, for example:
The SBTN methods currently available and under development focus on pressure-based targets linked with avoidance and reduction actions. Biodiversity state-based targets, including for species extinction risk and ecosystem integrity and condition, are an area of ongoing exploration and may be developed in the future.