UN nature summit puts industry on alert to disclose more

MONTREAL, 14 December 2022, (TON): Industry executives have joined activists and negotiators from nearly 200 countries at this month’s UN nature summit in Montreal, where negotiations on a global pact to protect nature could lead to tougher disclosure requirements for businesses.

Sectors such as mining, agriculture, oil and fashion are under scrutiny at the COP15 talks, due to their heavy impact on nature with activities that can contaminate soil, foul waterways or pollute the air.

As negotiators work to agree on conservation targets by the summit’s scheduled end on Dec 19, momentum is building for a measure to require businesses to disclose their harm to the environment.

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