“…NatureMetrics claims to have worked with over 500 companies, including Tesco, Anglo American, MSC Cruises, Jacobs, and Nestlé, in over 100 countries. However, in reviewing some of the tools that help businesses to measure their performance on biodiversity issues, Katic et al (2023) revealed that understanding the strengths and limitations of each of these tools, and of how they might respond to a business's needs, was not straightforward for companies, and that while 'these tools contained significant requirements related to biodiversity conservation, their implementation, being driven by market forces, is, at best, only partially aligned with global targets for biodiversity protection.' This led Katic et al (2023) to conclude 'there is a growing need to develop a common view among key stakeholders on the measurement, monitoring, and disclosure of corporate biodiversity impact and dependencies, to help integrate more credible and comprehensive indicators of corporate contribution to global biodiversity goals into corporate reporting and global policy frameworks.…”