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LG H&H

Quantifying nature-related risks with TNFD-aligned methods

Learn how LG H&H, the leading South Korean consumer goods company, worked with Natcap to assess how exposed their direct operations were to nature-related risks with TNFD-aligned methods.

CHALLENGE

LG H&H needed to move beyond the freely available biodiversity screening tools to understand the nature-related impacts and dependencies of their sites and support strategic prioritisation, aligned with the TNFD LEAP approach.

SOLUTION

Working together with networks-Y, a sustainability consultancy based in South Korea, LG H&H leveraged Natcap data to:

  • Conduct an in-depth TNFD-aligned analysis of the state of nature in and around their sites.

  • Measure key impact drivers and associated metrics to determine their nature impacts across water use, pollution, land use and waste.

  • Assess their nature-related risks to enable a site-level prioritisation and establish nature indicators to guide future monitoring and disclosure.

“Working with Natcap helped us better understand the ramifications of nature risks in our business portfolios. Building upon this collaboration we feel more confident as we continue our nature positive journey”.
Dimitrios Dimopoulos
Dimitrios DimopoulosHead of ESG, Piraeus Financial Holdings

Impact

By leveraging Natcap’s expertise and proprietarycplatform, this project marked a shift towards LGcH&H’s TNFD-aligned integration, allowing them to:

  • Implement best practice LEAP analysis for their sites by using scientifically robust, data-driven and scalable methods.
  • Identify sites with potential material impacts on nature to prioritise action.
  • Identify next steps for future analysis and
    reporting on nature.

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