In this webinar, organised in collaboration with Ecoacsa and Universidad Politécnica de Madrid (UPM), the results of the analysis conducted by both organisations to assess the biodiversity-related information performance disclosure of the IBEX 35 will be presented. Representatives of the selective IBEX 35 will show examples of good practices and opportunities for improvement, and participants will also learn about the current situation of the EU regulatory framework and what is to come in this area.
Biodiversity loss is recognised as a planetary emergency, as it is occurring at rates unprecedented in human history according to recent landmark reports on the state of global biodiversity and ecosystem services and global risks. Given the increasing focus on biodiversity, public policies at national, regional and global scale, as well as the investment community and sustainability-oriented customers are demanding more transparency from business sector in terms of biodiversity-related issues disclosure and reporting.
What is the situation of the Ibex 35 listed companies in this regard? To what extent is biodiversity a relevant or potentially relevant issue for them? How are they responding to the risks posed by their dependencies and impacts on biodiversity? To shed light on these questions, Ecoacsa Reserva de Biodiversidad and the Universidad Politécnica de Madrid have conducted an assessment across Spanish Stock Exchange Market corporates according to a transparent methodology developed by the Endangered Wildlife Trust (EWT) and based on publicly available data, including corporate websites, annual reports, among others.
This initiative takes place within the Biodiversity Disclosure Project (BDP), that provides companies with a practical avenue through which to consolidate and report annually on their impacts and dependencies on biodiversity a standardized and comparable manner.
Thanks to the analysis, key gaps and strengths in terms of biodiversity risks and performance disclosure have been identified within the selective Ibex 35, which includes corporates from a variety of sectors such as energy, basic materials, industry and construction, consumer goods, consumer services, finance services, technology and communications and real state.
We are delighted to have the following panelists participating in the session:
- Humberto Delgado, Director of Natural Capital, DG Environment, European Commission.
- Vicente González, Head of Sustainability, Red Eléctrica de España.
- Emilio Tejedor, Head of Environment, Iberdrola.
- Carmen Avilés, Professor, Universidad Politécnica de Madrid.
- David Álvarez, Executive Director, Ecoacsa.
Participants to the webinar will:
- Understand what it is relevant and material to Spanish corporates when it comes to incorporate non-financial information related to biodiversity in their annual reports.
- Learn to what extent do the Ibex 35 listed companies acknowledge their impact and dependencies on biodiversity and communicate it.
- Improve their knowledge about what are their priorities when dealing with biodiversity in terms of assessment, measurement, valuation, monitoring, disclosure and communicating.
- Know the obstacles found by Spanish companies to effectively identify, assess, value, monitor and communicate their biodiversity impacts and dependencies.
- Learn best practices in biodiversity disclosure.
- Be up to date about the latest EU developments on non-financial reporting.
- Deepen their understanding of how to improve biodiversity-related issues disclosure.
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