The Nature Advantage: Future-proofing Biodiversity Strategies in the Extractives Sector
Download our new whitepaper to learn how eDNA-based nature intelligence is empowering extractives companies to get ahead of tightening biodiversity regulations.
The extractives industry has a vital role to play in powering the world’s transition to sustainable energy and achieving net-zero emissions. However, with the demand for minerals projected to quadruple by 2040, mining companies face increasing pressure to balance this rush for resources with protecting biodiversity.
So how can extractives companies meet these new requirements while contributing to global climate and nature goals? The answer lies in embracing new nature intelligence tools and techniques.
Technologies like environmental DNA (eDNA) sampling are revolutionizing biodiversity monitoring. It identifies species from traces of DNA in environmental samples, rapidly mapping habitats and species distributions.
Linking eDNA data with ecosystem health metrics converts complex biodiversity data into intuitive and actionable insights. Companies gain a detailed grasp of ecological dynamics across project lifecycles and regions.
Crucially, eDNA delivers standardized, scalable data at a fraction of the costs of conventional monitoring. This enables landscape-scale measurement of cumulative biodiversity impacts and risks.
Leading mining groups like Anglo American and Sinese are already using eDNA and nature performance monitoring to overhaul biodiversity practices and prepare for incoming TNFD-aligned reporting requirements. From early exploration to closure, they can pinpoint nature risks, track mitigation efficacy and make informed, nature-positive decisions.
These insights help companies pre-emptively align with incoming biodiversity regulations. They allow accurate, auditable measurement of nature performance against international targets like the Sustainable Development Goals.
But the benefits run deeper than compliance. Nature intelligence gives organizations a comprehensive view of ecosystems that conventional data cannot. This empowers smarter strategies for avoiding, minimizing and offsetting biodiversity damage.
And it enables extractives companies to contribute to global biodiversity research, supporting the conservation of still unknown species.
In short, eDNA and nature performance monitoring are making biodiversity measurable at last. They provide the insights mining companies need to balance resource access with restoring and improving nature.
In today's rapidly evolving regulatory landscape, the need for organizations to understand their alignment with nature-related regulations has never been more critical. The results from our recent Nature Maturity Assessment reveal significant insights into the readiness of various industries to comply with these emerging standards. This blog will delve into the key findings of our assessment, the importance of understanding where companies stand, and the next steps to ensure compliance and leadership in nature-positive initiatives.
By clicking “Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.