Scientists tell us biodiversity is being lost at an alarming rate. A new Global Biodiversity Framework, along with new targets, is an expected result of the Convention on Biological Diversity's COP15, the biodiversity equivalent of the IPCC's COP26. Proposed targets include those related to the role of business. Assessing biodiversity-related risks along a value chain requires a new metric and method.
Fair Supply has launched a planet-first capability: extinction-risk footprinting. Companies can map their impact on species extinctions along the length of their supply chain. This capability is the fruit of the pioneering work of Sydney University PhD candidate Amanda Irwin, Head of ESG Research at Fair Supply.
Extinction-risk footprinting builds out Fair Supply's suite of ESG risk assessment offerings which include modern slavery, scope 3 GHG emissions, land and water usage footprinting.