Otago Daily Times

Positively looking at nature

The strategy now is to have a positive impact on the environmen­t.

- Prof Sara Walton teaches and researches in the area of sustainabi­lity, climate change and business at Te Kura Pakihi Otago Business School Te Whare Wa¯nanga O¯ takou.

Recently one of the topics in my sustainabi­lity course has been natureposi­tive business strategies. We used the SailGP incident in class for students to think about what advice they would provide to Russell Coutts after his performanc­e in the press conference describing the cancelling of the race due to the presence of Hector’s dolphins in the harbour. Drawing on their online positionin­g as a ‘‘sustainabl­e business’’ students were to develop ideas for SailGP to shift its strategic thinking towards being nature positive. Most students saw the missed opportunit­y by SailGP to showcase an endangered species and try to gain goodwill and good publicity from a postponed event, while standing alongside local hapu¯ to show kaitiatika­nga.

Natureposi­tive business strategies are an approach adopted by businesses to not only minimise their negative impact on the environmen­t but also actively contribute to its restoratio­n and preservati­on. The aim is to achieve a net positive outcome for biodiversi­ty, ecosystems, and the planet as a whole.

The World Wildlife Fund (WWF) defines nature positive as ‘‘halting and reversing nature loss, measured from 2020 levels, by increasing the health, abundance, diversity, and resilience of species, population­s and ecosystems so that by 2030 nature is visibly and measurably on the path of recovery’’ (www.worldwildl­ife.org/pages/natureposi­tivebusine­ss).

In keeping with the Canterbury theme, a good example of this is Port Lyttelton. On its website it describes developing a biodiversi­ty positive strategy. It started by understand­ing the impact of the port’s activities on nature, both negative and positive impacts. Some of the positive impacts include planting and restoratio­n activities. Port Lyttelton is drawing on traditiona­l Māori knowledge (mātauranga Māori) of the area as part of understand­ing how to undertake positive change.

The WWF has a number of useful resources for organisati­ons to support this journey. It suggests a starting point being to assess the key points at which

organisati­ons and nature meet. These could include the supply chain. Then at these meeting points, assess where the impacts and risks lie. And finally, to explore and decide on solutions to reduce negative impacts, mitigate and scaleup positive actions.

There are three commonly suggested solutions. First, developing regenerati­ve practices that focus on regenerati­ng ecosystems and biodiversi­ty. This would go beyond maintainin­g to creating a positive impact on nature. Second, it is advised to work with stakeholde­rs and Treaty partners for successful implementa­tion of natureposi­tive strategies. This is because working with partners can help amplify the benefits and outcomes of natureposi­tive strategies. And, finally, with the release of the Task Force on NatureRela­ted Financial Disclosure­s’ recommenda­tions, there are now guidelines for disclosing on naturerela­ted risks, plans and strategies to share and ways to show commitment­s and improvemen­ts to nature.

The state of biodiversi­ty in Aotearoa is critical. Many species are in decline, largely due to decreasing natural habitats, predators and our history of past impacts. While rates of deforestat­ion are slowing, the damage needs to be addressed urgently. Business and organisati­ons across the motu have a role to play. We rely on nature, on the essential services ecosystems supply, it is time now to recognise and work to develop positive impacts to regenerate and restore.

 ?? PHOTO: GETTY IMAGES ?? Russell Coutts reacts as dolphins on the course prevent racing during SailGP.
PHOTO: GETTY IMAGES Russell Coutts reacts as dolphins on the course prevent racing during SailGP.
 ?? PHOTO: STEPHEN JAQUIERY ?? A Hector’s dolphin leaps from the water.
PHOTO: STEPHEN JAQUIERY A Hector’s dolphin leaps from the water.

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