Science-based Targets Network, whose common purpose is to equip companies with guidance for what it means to move from doing “a little less bad” to “doing our fair share” to maintain the global commons, the interrelated Earth system that underpins the health and well-being of humans and all life, has released Science-based Targets for Nature: Initial Guidance for Business. This document is a first draft open for public consultation to support companies to mainstream all aspects related to nature (biodiversity, climate, freshwater, land, and ocean). This guidance covers the following questions: What is an SBT? Why are SBTs important? How will they work? This guidance also identifies steps companies can take immediately and enables “no regrets” actions consistent with the urgency of the challenges we face.