Quantifying and valuing biodiversity
Measuring biodiversity with a single indicator is a challenge since biodiversity is complex. At the same time, there is an increased pressure on businesses to be more transparent and report biodiversity indicators.
Short facts
- The Nordics
- No specific species
- Developing a tool for quantifying and valuing biodiversity
- 2020–2025
To find a way forward, Vattenfall has been part of a cross-sector business initiative to develop a calculation model that can help companies quantify and communicate their impact on biodiversity.
This model is called CLIMB (Changing Land use Impact on Biodiversity) and it was officially launched in September 2023 after approximately three years of work.
During 2024–2025, Vattenfall will pilot test the tool in several projects and see how we can use such a metric in our biodiversity work and we will continue to be a part of standardization of the tool.
CLIMB received the Sustainability Achievement of the Year 2023 award from the Network for Sustainable Business (Hållbart Näringsliv) recognizing its significant contribution to sustainability.
More about biodiversity
Biodiversity and nature protection are a priority at Vattenfall. It is one of the focus areas in our environmental policy and therefore also a central part in our environmental work.
See also
Nature photo app contest
Biodiversity gets less attention than climate change, but healthy ecosystems and rich wildlife are vital.
Biodiversity enhancing measures in our office premises
At Vattenfall, we aim to integrate our office premises with natural habitats.
Enhancing ecosystem services: multi-functional land use initiatives in solar Projects
At our solar farms, we are enabling multi-functional land use by combining fossil-free ambitions with broader sustainability objectives.