Driving sustainability forward: Hatch and Etifor partner to offer Nature Positive Consultancy Services
May 21, 2024
London, UK - In parallel with the Kunming-Montreal Global Biodiversity Framework (GBF), Hatch and Etifor have partnered to deliver comprehensive consultancy services to organizations striving to align with the GBF targets and the Nature Positive Initiative. This global goal aims to halt nature loss by 2020, reach nature positive by 2030, and achieve full nature recovery by 2050, so that thriving ecosystems and nature-based solutions continue to support future generations. This collaboration will see both companies develop innovative solutions to help organizations assess, manage, and disclose their nature-related risks and opportunities.
According to the World Economic Forum, over half of the global GDP (US$44 trillion) faces significant financial risk due to nature-related factors, exacerbated by declining ecosystem integrity and drivers such as land and ocean use, climate change, pollution, and invasive species. As a result, it has become imperative for individuals, businesses, and societies to consciously adopt this approach by 2030, to ensure nature recovery.
Collaboration across all sectors is essential to help stop and reverse nature loss. These commitments will help companies scale up their existing efforts to drive local and regional partnerships to better protect and restore our landscapes and ecosystems for the benefit of all.
"All industries, including the extractive industries, rely heavily on natural capital, which includes minerals that are fundamental for manufacturing and the renewable energy transition. There is a growing realization that intrinsic links between business and nature are not only essential for navigating corporate risks but also for creating new opportunities for growth and business longevity. Our partnership with Etifor will allow us to support businesses in terms of emerging regulations and, just as importantly, promote sustainable growth for our clients.” Freddy Brookes, principal environmental scientist at Hatch.
“The path to a nature positive future cannot be traversed alone. It requires engagement at a sectoral level and across supply chains, bringing together actors with diverse backgrounds and expertise to align with the targets set by the Global Biodiversity Framework. Multifarious problems call for multifaceted solutions, and in that spirit, Etifor is proud to partner with Hatch to deliver science-based and evidence-led solutions for companies and financial institutions who are ready to contribute toward a nature positive future.” Wesley Snell, principal – natural capital and ecosystem services at Etifor.
This alliance combines Hatch’s decades of global engineering, project execution, and professional services expertise with Etifor’s innovative approach to sustainability consultancy. It will provide clients with a holistic solution to address environmental challenges while driving positive change. The consultancy services include:
- Financial and impact (double) materiality assessments
- Location-specific nature risk and opportunity assessments
- Nature strategies for direct operations, supply chains, and investment portfolios
- Science-based target-setting and disclosures
- Impact avoidance and minimization solutions and project development for nature-based solutions.
Embracing a nature-positive strategy enables us to collectively preserve crucial natural ecosystems, reverse nature loss, safeguard our planet’s stability, and ultimately fortify our defenses against climate change.
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For more information, please contact:
Lindsay Janca
Global Director, Public Relations
Tel: +1 905 403 4199
Email: media@hatch.com
For commercial enquiries, please contact:
Freddy Brookes
Principal Environmental Specialist, Hatch
Email: freddy.brookes@hatch.com
For press enquiries, imagery, or interviews, please contact:
Wesley Snell
Principal – Natural Capital and Ecosystem Services, Etifor
Email: wesley.snell@etifor.com
About Hatch
Hatch is a global engineering, project delivery, and professional services firm. Whatever our clients envision, our teams can design and build. With over six decades of business and technical experience in the mining, energy, and infrastructure sectors, we know your business and understand that your challenges are changing rapidly. We respond quickly with solutions that are smarter, more efficient and innovative. We draw upon our 10,000 staff with experience in over 150 countries to challenge the status quo and create positive change for our clients, our employees, and the communities we serve.
Find out more on www.hatch.com/About-Us
About Etifor
Etifor is an environmental consultancy that supports public and private organizations to put nature at the heart of their decision-making, working together to improve policies, projects, and investments’ economic, environmental, and social benefits. Established within the University of Padua, they are now a certified B Corp benefit company that aims to deliver positive impacts on people and the environment.
Find out more at www.etifor.com