The assessment generates results which can be used in annual reports, performance assessments marketing strategies/CSR, or as a component of another ecological indicator. The methodology is particularly relevant to raw materials sectors which have a large impact on habitats and biodiversity. The primary advantage of the NBM is that it can be used to compare biodiversity performance at different spatial scales with a standardised methodology, from a garden to a continent: there is no other biodiversity assessment tool which can perform this function. Satellite imagery is used to provide an initial assessment; ecological surveys can also be used where necessary to provide a higher degree of accuracy. The NBM is designed to provide an equivalent to corporate GHG assessment, for biodiversity impact.
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In this blog post, we have broken down the requirements to help get Canadian companies and financial institutions up to speed on their mandatory climate reporting