Take action on high priority sites first

Many corporate sustainability initiatives are made opportunistically, in response to a scandal, or for marketing purposes. Following the TNFD LEAP approach will yield a priority list of evidence-based potential actions, enabling you to prioritize the most financially important or highest-impact actions first.

As with measurement, there are two components to a nature action plan: materiality and location. Following the LEAP approach, you should be able to identify material ecosystem pressures around which to build programs or targets, such as freshwater, land use or waste. You should also be able to identify the Business Activities that would be in scope for setting and delivering on the targets.

Set science-based targets using the SBTN framework

Completing the TNFD LEAP approach assessment also provides a scientific basis for setting targets for nature. It aligns with Step 1 - Assess and Step 2 - Prioritize of the Science Based Targets Network (SBTN) target-setting approach. You should be able to identify which actions and investments will create the foundation for credible, achievable science-based targets. Figure 4 summarizes the SBTN target-setting approach.

Consult the SBTN website for technical guidance on setting science-based targets for nature for:

• Freshwater

• Land

• Ocean

• Biodiversity