Interview with David Craig: Nature Presents a Risk and a Missed Opportunity


credit:

Treehugger's list of the world's top tree-huggers is out, and it includes a company that's "one of the world's biggest tree-huggers," per Business Insider.

That would be British telecom company BT, which has been named one of the world's top 10 tree-huggers for the second year in a row by the World Wildlife Fund.

The honor goes to the company's efforts to help the world's forests save themselves from climate change, which the World Wildlife Fund says is threatening to wipe out more than 90% of the world's species by the end of the century.

"Nature is presenting both risk and a missed opportunity," David Craig, co-chair of the Financial Disclosure Taskforce for Nature-related Risks, tells the Guardian.

"Every company relies on ecosystem servicessuch as clean water, fertile and stable soil, marine servicessomewhere in their value chain," he adds.

"Due to this lack of transparency, companies and their investors are exposed to external and potentially material financial risks."

BT, which has a presence in more than 40 countries, says it plans to comply with the TCFD's recommendations, which include providing information on how much land a company depends on is used for

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