Only one in four of Asia's biggest companies consider nature material to business: study

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Most of the region's largest firms do not measure their impact on nature – and focus only on climate in their sustainability reports, a study by National University of Singapore Business School finds.

Nature has been largely overlooked by businesses historically, because there has been little pressure from shareholders, investors or even consumers to consider its importance, Loh told Eco-Business.“There has been no kick in the pants from anyone,” he said, adding that regulators have yet to squeeze businesses to disclose their impact on nature.

It found that Australia and New Zealand were the most progressive markets for nature disclosure, with 68 per cent and 48 per cent of large companies in those markets, respectively, considering nature to be material to their businesses.

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Article Details

Author / Journalist: Robin Hicks

Category: EconomyBusiness

Markets: SingaporeAustraliaChinaColombiaHong KongIndiaIndonesiaJapanSouth KoreaMalaysiaNew ZealandPhilippinesTaiwanThailandVietnam

Topics: Ecosystem services Deforestation Reporting Financing Natural resources Conservation Sustainable finance Biodiversity COP COP16 Sustainable development Nature-based solutions

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 14:36:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 899 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 25156444

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About Eco-Business

Main Topics: EconomyBusiness

Official Website: eco-business.com

Update Frequency: 3 posts per day

Year Established: 2009

Headquarters: Singapore

News Last Updated: 10 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #100

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