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📢 Breaking new ground in corporate sustainability! Today at #COP16Colombia, we announce that the first-ever science-based targets for both freshwater and land have been adopted by trailblazing companies. 👇 🏔️ The first-ever science-based targets for both freshwater and land have been adopted by global luxury group Kering. 💧 Global biopharma company GSK and building materials company Holcim have adopted the first science-based targets for freshwater. The announcement comes following the conclusion of our year-long corporate pilot program, with the majority of participating companies receiving validation for some or all targets. This positive milestone comes as world and business leaders gather at COP16 in Colombia, where urgent action to preserve biodiversity and stop the destruction of nature have been at the heart of negotiations. 🌎 SBTN’s Executive Director Erin Billman said: “Our corporate pilot has shown that science-based targets for nature are both feasible and valuable, closing a critical gap in corporate sustainability. We’re pleased to see Kering, GSK and Holcim lead the way by publicly adopting the world’s first science-based targets beyond climate; demonstrating that a clear and credible pathway for ambitious action for nature is possible. The time for companies to act is now — responsibly, urgently, and with the ambition that matches the scale of the challenge.” Science-based targets for nature are a key mechanism for companies to deliver on the Global Biodiversity Framework. Aiming directly at the drivers and pressures of nature loss, science-based targets for nature will tell a company if they are taking enough of the right actions, in the right places, at the right time in order to do their part to reverse and halt nature loss by 2030. These much needed targets on nature build on and complement existing corporate targets on climate. 🌱🎯 This is just the beginning. We are pleased to see these trailblazing companies leading the way, and we look forward to seeing more companies follow suit in the months ahead. 🎉 🔗 Read more: https://lnkd.in/eTMakv4e 🔗 Explore the companies' targets in our new Target Tracker: https://lnkd.in/eepJiVtA #SBTN #ScienceBasedTargets #ForNature #CorporateSustainability #NaturePositive #COP16 #KMGBF