Nature Positive Reporting Assessment

Veritree connects businesses with verified tree planting projects. By facilitating these partnerships, Veritree helps businesses incorporate nature-based solutions into their business models.Veritree is building its offering for two different client sectors, Corporate Social Responsibility (CSR) customers, whereby corporate clients opt to plant trees for CSR purposes. In such a scenario, Veritree needs to provide a robust monitoring system that shows that the restoration is having ecological and social impacts. This requires aligning with metrics and indicators that support ecosystem health, as well as adhering to good practices and supporting economic development. For the second target customer, Veritree is building its technology to support carbon and nature based disclosure reporting, with the future opportunity to license the technology to be used in Nature-based supply chains such as agroforestry, production forestry and oceans. In this scenario, there is a need to align with the ever evolving Environmental Social Governance (ESG) landscape for businesses to understand their land and marine based social and environmental risks. As such, the internship will provide opportunities to document current nature positive frameworks via metrics and indicators, conduct a case study on TNFD, and conduct a gap analysis between Veritree’s technology and current nature-positive reporting frameworks.

Faculty Supervisor:

Shashi Kant

Student:

Partner:

Veritree

Discipline:

Business

Sector:

Professional, scientific and technical services

University:

University of Toronto

Program: