This year saw the launch of Greengage’s dedicated Natural Capital Team. With our years of corporate strategy experience, and innovative approach to biodiversity and ecosystem service benchmarking, we have continued to push standards and broaden horizons for our clients on the benefits that a Nature Positive approach can have for them.
The advent of the Taskforce for Nature Related Financial Disclosure, alongside the first year living with the Environment Act and Biodiversity Net Gain in planning, has sent a wave of interest in how business manage their interactions with nature. Greengage are excited to be working with Brookfield and a consortium of business in the real estate asset management space to create an industry specific best practice guide for TNFD-related disclosures, building on our experience of developing ESG-linked biodiversity frameworks and reporting models.
Through this process we are working with Grosvenor Properties UK to support their exploration of what TNFD will mean for them. This includes mapping their interactions with nature and identifying next steps for strategy to address gaps in the existing ESG reporting model.
In partnership with the planning ecology team we’ve also been seeking to learn more about the interactions between the green infrastructure we specify and wider environmental performance. We have studies on going, including with Flagship Housing Group, looking at how urban green space management can influence nature, soil carbon and social value outcomes. This is allowing us to hone our ecosystem service assessment process, validating approach and enabling us to draw science based conclusions.