Business for Nature – Asia Business Consultation Survey

Survey Deadline: 30 October, 2024

Instructions

The survey should ideally be completed by the sustainability team of your company or the individuals responsible for overseeing your company’s environmental efforts.
This survey will be open until 30 October 2024.
The amount of time necessary to complete the survey is approximately 15 minutes.

About Business for Nature : Business for Nature is a global coalition of more than 100 influential partner organizations as well as forward-thinking companies. Together, we drive credible business action and policy ambition to achieve a nature-positive economy for all by 2030. We provide the courage, comfort and technical expertise to governments so that they adopt, implement and enforce ambitious nature policies and help scale and speed up business action by strengthening, clarifying and amplifying why and how companies should act now.

About the survey: Thank you for taking the time to complete this survey, which is designed to gather insights from businesses to mobilize action on nature and biodiversity. This survey is offered by Business for Nature in collaboration with its partner organizations across Asia.

Your input will help identify specific needs and challenges in Asia as Business for Nature seeks to strengthen its context-specific engagement with and for businesses. The results will help identify the risks and opportunities nature presents to businesses across the region, the maturity of corporate efforts to address nature, and how businesses currently communicate these efforts to key stakeholders. The survey is intended to also provide insights into the business needs to scale and speed up action to meaningfully contribute towards a nature positive future and how we can collectively address those needs.

The following questions are organized based on the four high-level business actions on nature: Assess, Commit, Transform, and Disclose (ACT-D), which provide the foundational actions businesses can take to integrate nature into their corporate strategies and make meaningful contributions to reversing nature loss.

Why should businesses participate in the survey:

The survey will provide your company with a clearer sense of where you stand in your journey toward addressing nature-related risks and opportunities.
Your input will directly influence Business for Nature’s and its coalition partners' in Asia engagement strategies, ensuring that future initiatives, resources, tools and collaborations are more relevant to your company’s challenges and needs in scaling nature action in the region.

Confidentiality: Responses to this survey are confidential and will not be shared publicly. Responses will be aggregated and shared in non-attributed form with the partner organizations of the coalition. All data will be stored in compliance with EU data privacy regulation (GDPR) requirements.

Company Context

Question Title

* 1. Company name

Question Title

* 2. What is your role/position in the company?

Question Title

* 3. Which of the following industries/sectors are most relevant to your company (select all that applies)?

Fashion and Apparel

Built Environment

Chemicals

Cement and Concrete

Commercial and Professional Services

Consumer Products

Energy and Utilities

Financial Services

Forest Products

Food, Beverage, Agribusiness and Fisheries

Household and personal care products

Health Care and Pharmaceuticals

Information Technology

Mining and Metals

Paper and Forest Products

Retail

Travel and Tourism

Transportation and Mobility

Waste Management

Water Utilities and Services

Other (please specify)

Question Title

* 4. What is the size of your company?

<30 employees

30-100 employees

100-500 employees

500-1,000 employees

1,000-1,999 employees

Over 2,000 employees

Question Title

* 5. What is the annual revenue of your company (USD)?

<$10,000

$10,000 – $100,000

$100,000 – $500,000

$500,000 – $1 million

$1 million – $50 million

$50 million – $100 million

$100-1 billion

Over 1 billion

Question Title

* 6. Which country does your team primarily operate from?
(Note to respondents: Please provide information for the specific country that your team is operating from. If you are responding on behalf of subsidiary, please provide the location of the subsidiary and not Head quarter)

ASSESS: Measure, value and prioritize your impacts and dependencies on nature to ensure you are acting on the most material ones

Question Title

* 7. How well do you understand your company’s impacts on nature?

Very well

Somewhat

Not at all

Other (please specify)

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* 8. Has your company conducted an assessment of your impacts on nature?

Yes

We are in the process

No, but we are planning to do so

No, and we are not planning to do so

Other (please specify)

Question Title

* 9. How well do you understand your company’s dependencies on nature?

Very well

Somewhat

Not at all

Other (please specify)

Question Title

* 10. Has your company conducted an assessment of your dependencies on nature?

Yes

We are in the process

No, but we are planning to do so

No, and we are not planning to do so

Other (please specify)

Question Title

* 11. What methodologies, tools, or frameworks has your company used to assess its impacts and dependencies on nature? Select all that applies.

The Integrated Biodiversity Assessment Tool (IBAT)

Biodiversity Impact Assessment (BIA) Tool

ENCORE (Exploring Natural Capital Opportunities, Risks, and Exposure)

STAR (Species Threat Abatement and Restoration) Metric

Biodiversity Indicators for Extractive Companies (BIEC)

The WWF biodiversity risk filter tool

The Natural Capital Protocol

Not Applicable

Other (please specify)

Question Title

* 12. What is driving your company to address nature-related challenges? Select all that applies.

Meeting legal and regulatory requirements

Meeting expectations and demands from investors and shareholders

Improving operational efficiency and reducing costs

Exploring new market opportunities, driving innovation and leveraging commercial opportunities unlocked by nature-positive business models

Responding to customer demand for sustainable practices

Attracting and retaining talent

Managing and mitigating nature-related physical risks (e.g. floods, droughts etc.) to our business

Meeting national or regional financial needs in protecting nature

Not Applicable

Other (please specify)

Question Title

* 13. What are the biggest challenges your company faces in increasing its ambition on nature action? Select all that applies

Securing and/or maintaining support and buy-in from executive leadership and internal champions

Communicating the importance of nature internally across the organization

Developing a nature strategy for the company

Locating and quantifying nature risks and dependencies that are material to the organizatio

Developing and establishing enterprise-wide data tracking and analytics for nature performance

Aligning with international disclosure frameworks and reporting standards

Acquiring the right talent to enable nature-positive operations and/or product development

Identifying and investing in ROI-positive nature opportunities

Identifying and executing high-quality nature actions to avoid reputational risks (e.g., risks of greenwashing)

Responding to regulatory environment that is particularly challenging

Other (please specify)

COMMIT: Set transparent, time-bound, specific, science-based targets to put your company on the right track towards operating within the Earth’s limits

Question Title

* 14. How high a priority are nature-related objectives for your company compared to other business objectives?

Very high priority (consistently integrated into all strategic decision-making process and discussions at the CEO/board level)

High priority

Medium priority

Low priority

Very low priority (not part of the CEO/board agenda)

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* 15. Has your company set specific nature-specific targets?

Yes

We are in the process of doing so

Other (please specify)

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* 16. If yes, could you share what are the targets about? (Please write NA if answer to previous question is NO)

Question Title

* 17. Optional: If yes, what methodologies, tools, or frameworks has your company used in setting targets (select all that apply)?

Taskforce on Nature-related Financial Disclosures (TNFD)

Taskforce on Climate-related Financial Disclosures (TCFD)

Science Based Targets Network (SBTN)

Science Based Targets Initiative (SBTi)

Nature Strategy Handbook (Business for Nature)

Not Applicable ( if answer to previous question is NO)

Other (please specify)

TRANSFORM: Contribute to systems transformation: avoid and reduce negative impacts, restore and regenerate, shift business strategy and models, and advocate for policy ambition

Question Title

* 18. If your company is taking action to reduce negative impact on nature, how did your company decide on these actions?

The actions we have taken have been standalone initiatives driven by external events ( e.g. such as natural disasters)

Based on our assessment of most material impacts and/or dependencies on nature

We incorporate nature-related considerations when there is an opportunity to do so

The actions we have taken are based on regulation

Other (please specify)

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* 19. If your company is taking action on nature due to regulation, please list out which regulations those are. (Please write NA if you did not choose "regulation" in previous question)

Question Title

* 20. Is your company involved in any policy advocacy on nature or part of any trade associations advocating for nature?

Yes

Question Title

* 21. If yes, please provide any details if you can about which trade associations you are involved with. (Please write NA if the answer to previous question is NO)

DISCLOSE: Track performance and prepare to publicly report material nature-related information throughout your journey

Question Title

* 22. Does your company currently publicly report on nature related impacts, dependencies, risks, and opportunities?

Yes

In progress

Question Title

* 23. What metrics, if any, does your company disclose in connection with its impact and/or actions on nature (select all that apply)?

Biodiversity conservation (e.g., species populations)

Habitat restoration (e.g., acres of forest protected, number of trees planted)

Water use (e.g., liters of freshwater recycled)

Air quality (e.g., air emissions intensity)

Carbon emissions (e.g., % of renewable energy used, carbon offsets purchased)

Waste (e.g., tons of plastic recycled, waste diversion rate)

Financial investment in nature (e.g., funds donated to conservation projects)

Other (please specify)

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* 24. OPTIONAL: What disclosure jurisdictions and standards are applicable to your company at a national and international level?

Next Steps

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* 25. Are there any additional materials or information you would like to share with us to learn more about your company’s nature strategy and/or actions (e.g., recent sustainability reports, position statements on key nature domains, innovative technologies or practices, ongoing efforts, involvement in the community)?

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* 26. Are you interested in a follow-up conversation with the Business for Nature team to learn more about opportunities to engage?

Yes

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* 27. Would you be interested in participating in tailored programs to assist your company in improving your company’s understanding of its relationship with nature and developing a nature strategy?

Yes

Question Title

* 28. Optional: Any final comments or suggestions that you would like to share

Thank you for completing the survey. Please click on the "DONE" button below if you are ready to submit your response.

Business for Nature – Asia Business Consultation Survey

Survey Deadline: 30 October, 2024

Question Title

* 1. Company name

Question Title

* 2. What is your role/position in the company?

Question Title

* 3. Which of the following industries/sectors are most relevant to your company (select all that applies)?

Question Title

* 4. What is the size of your company?

Question Title

* 5. What is the annual revenue of your company (USD)?

Question Title

* 6. Which country does your team primarily operate from? (Note to respondents: Please provide information for the specific country that your team is operating from. If you are responding on behalf of subsidiary, please provide the location of the subsidiary and not Head quarter)

Question Title

* 7. How well do you understand your company’s impacts on nature?

Question Title

* 8. Has your company conducted an assessment of your impacts on nature?

Question Title

* 9. How well do you understand your company’s dependencies on nature?

Question Title

* 10. Has your company conducted an assessment of your dependencies on nature?

Question Title

* 11. What methodologies, tools, or frameworks has your company used to assess its impacts and dependencies on nature? Select all that applies.

Question Title

* 12. What is driving your company to address nature-related challenges? Select all that applies.

Question Title

* 13. What are the biggest challenges your company faces in increasing its ambition on nature action? Select all that applies

Question Title

* 14. How high a priority are nature-related objectives for your company compared to other business objectives?

Question Title

* 15. Has your company set specific nature-specific targets?

Question Title

* 16. If yes, could you share what are the targets about? (Please write NA if answer to previous question is NO)

Question Title

* 17. Optional: If yes, what methodologies, tools, or frameworks has your company used in setting targets (select all that apply)?

Question Title

* 18. If your company is taking action to reduce negative impact on nature, how did your company decide on these actions?

Question Title

* 19. If your company is taking action on nature due to regulation, please list out which regulations those are. (Please write NA if you did not choose "regulation" in previous question)

Question Title

* 20. Is your company involved in any policy advocacy on nature or part of any trade associations advocating for nature?

Question Title

* 21. If yes, please provide any details if you can about which trade associations you are involved with. (Please write NA if the answer to previous question is NO)

Question Title

* 22. Does your company currently publicly report on nature related impacts, dependencies, risks, and opportunities?

Question Title

* 23. What metrics, if any, does your company disclose in connection with its impact and/or actions on nature (select all that apply)?

Question Title

* 24. OPTIONAL: What disclosure jurisdictions and standards are applicable to your company at a national and international level?

Question Title

Question Title

* 26. Are you interested in a follow-up conversation with the Business for Nature team to learn more about opportunities to engage?

Question Title

* 27. Would you be interested in participating in tailored programs to assist your company in improving your company’s understanding of its relationship with nature and developing a nature strategy?

Question Title

* 28. Optional: Any final comments or suggestions that you would like to share

* 6. Which country does your team primarily operate from?
(Note to respondents: Please provide information for the specific country that your team is operating from. If you are responding on behalf of subsidiary, please provide the location of the subsidiary and not Head quarter)