The Nature Tech Revolution
The Nature Tech Revolution: From “Do No Harm” to “Nature-Positive” In January, ERM, Salesforce, Planet, and NatureMetrics launched the NatureTech Alliance at the World Economic Forum in Davos. The Alliance’s mission is clear: empower companies to leverage advanced data and technology to address pressing nature-related challenges. This integrated effort focuses on: After engaging with clients in early 2024, the Alliance identified recurring challenges across value chains. Through interviews with industry leaders, it uncovered actionable insights into corporate efforts to overcome these hurdles. Seven key takeaways highlight the obstacles and opportunities for effective nature-positive strategies. Seven Key Insights for Corporate Nature Action 1. Nature Risk is Both Global and Highly Local Nature-related risks, such as water scarcity or biodiversity loss, vary significantly by region. However, many companies rely on coarse, global data that overlooks critical local nuances like community-level resource usage or ecosystem dynamics. This mismatch creates blind spots that can hinder decision-making, disrupt operations, or lead to regulatory non-compliance. 2. Nature Risk Lacks Integration with Enterprise Strategy Nature-related risks often remain siloed from broader enterprise risk frameworks, despite deep ties to issues like climate change. For instance, deforestation exacerbates biodiversity loss and water stress while releasing carbon into the atmosphere. Integrating nature data into strategic planning is essential for resilience and sustainable performance. 3. Gaps in Understanding Hinder Progress Corporate decision-makers and investors frequently struggle to interpret complex nature-related data, slowing the adoption of nature-positive strategies. Bridging this gap with accessible tools and clear communication is critical to driving meaningful action. 4. A Shift from “Do No Harm” to “Net Positive” Businesses are evolving from mitigating harm (e.g., reducing deforestation) to pursuing net-positive outcomes, such as reforestation or ecosystem restoration. While promising, many of these efforts remain in pilot phases due to challenges in site-level data and measuring impacts. 5. Financial Institutions Lag but Hold Scaling Potential The financial sector trails industries like agriculture in incorporating nature-related data into decision-making. However, as institutions recognize risks like biodiversity loss and soil degradation, they are poised to influence capital flows and set new standards for nature-positive investments. 6. The Future Lies in Outcome-Based Metrics Companies are shifting from input-based metrics (e.g., reduced fertilizer use) to measuring real-world outcomes for biodiversity and ecosystem health. Outcome-based metrics offer better clarity on environmental impacts and link corporate actions to business value. However, challenges like standardized methodologies and reliable data collection persist. 7. Data Fragmentation, Not Technology, is the Biggest Barrier Although technologies like AI and remote sensing are widely available, fragmented and inconsistent data remains a significant hurdle. Many organizations collect localized data but struggle to integrate it across supply chains and operations. Advanced platforms that consolidate disparate datasets are critical for actionable insights. A Shared Vision for Nature-Positive Solutions The NatureTech Alliance envisions a transformative approach to addressing these challenges, built on five pillars: Achieving a Nature-Positive Future By aligning corporate strategies with these principles, businesses can move beyond “do no harm” to actively restoring ecosystems and driving nature-positive outcomes. This transition requires advanced tools, collaboration, and a commitment to measurable impact—paving the way for a more sustainable and resilient future. Like Related Posts Salesforce OEM AppExchange Expanding its reach beyond CRM, Salesforce.com has launched a new service called AppExchange OEM Edition, aimed at non-CRM service providers. Read more The Salesforce Story In Marc Benioff’s own words How did salesforce.com grow from a start up in a rented apartment into the world’s Read more Salesforce Jigsaw Salesforce.com, a prominent figure in cloud computing, has finalized a deal to acquire Jigsaw, a wiki-style business contact database, for Read more Service Cloud with AI-Driven Intelligence Salesforce Enhances Service Cloud with AI-Driven Intelligence Engine Data science and analytics are rapidly becoming standard features in enterprise applications, Read more
