Companies that apply the LIFE Methodology and seek LIFE Certification have a tool recognized as mature, efficient and that presents the largest number of concrete cases applied in companies. This was the conclusion of the critical assessment carried out by the European Union Business and Biodiversity Platform, published at the beginning of March in the report “Assessment of Biodiversity Measurement Approaches for Businesses and Financial Institutions”.

By 2020, the LIFE Methodology had already been applied in 46 business units of 27 companies, from different sectors of the economy. The critical analysis of the methodology presented in the report released this year was based on the case of Posigraf, a company that has had LIFE Certification since 2014.

“We found LIFE Certification to be a very robust and effective way of evaluating our conservation efforts, as the Methodology presents very objective metrics”, mentions Giem Guimarães, representative of Posigraf. “The market in which we operate is highly competitive and LIFE Certification demonstrates to our customers and stakeholders that we take it seriously and that we are truly committed to the conservation of biodiversity”, he adds.

The LIFE Methodology offers organizations a complete system for managing biodiversity in business. Additionally, its application helps the private sector to measure ESG aspects related to environmental issues as it offers:

Business pressure metrics for the use of natural resources, considering environmental aspects such as greenhouse gas emissions, water and energy consumption, occupied area and waste generation;
Metrics of effort and results with biodiversity conservation, evaluating risks and opportunities related to business pressure on natural resources, and including its supply chain.
In this way, it is a complete tool to help decision makers strategically direct their investments and efforts to maintain nature’s services.

To access the report, click here.