How material is biodiversity for companies in the IBEX 35?

In this webinar, organized in collaboration with Ecoacsa and the Polytechnic University of Madrid (UPM) in the framework of We Value Nature 10-Days Challenge, the results of the analysis conducted by both entities on the Spanish companies listed on the IBEX 35 regarding their performance in disclosing information related to biodiversity will be presented. Additionally, representatives from the IBEX 35 will showcase examples of best practices and areas for improvement, and participants will learn about the current state of the EU regulatory framework and what lies ahead in this area.

The loss of biodiversity is recognized as a planetary emergency, occurring at an unprecedented rate in human history, according to reports from leading international organizations on the state of global biodiversity, ecosystem services, and global risks. Given the growing interest in biodiversity, public policies at national, regional, and global levels, as well as the investment community and sustainability-oriented clients, demand greater transparency from the business sector in terms of disclosure and reporting on issues related to biological diversity.

What is the situation of the IBEX 35 in this regard? To what extent is biodiversity relevant or potentially relevant for Spanish-listed companies? How are they responding to the risks arising from their dependencies and impacts on biodiversity? What obstacles do they encounter when disclosing information related to biological diversity? What best practices stand out? In what areas is there greater room for improvement? 

The work presented in this webinar sheds light on these questions. Specifically, the analysis of the corporations listed on the Spanish Stock Exchange was conducted according to a transparent methodology developed by the Endangered Wildlife Trust (EWT) and based on publicly available data, such as websites, annual reports, among others.

This initiative is part of the Biodiversity Disclosure Project (BDP), which provides companies with a practical way to consolidate their annual reporting on their impacts and dependencies on biodiversity in a standardized and comparable manner.

Thanks to the analysis conducted, opportunities for improvement, strengths, and trends regarding the performance of Spanish listed firms in disclosing biodiversity-related information have been identified, including corporations from the energy, basic materials, industrial and construction, consumer goods, consumer services, financial services, technology and communications, and real estate sectors.

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