S&P Global: Companies around the world face risks from their reliance on nature

New research from S&P Global Sustainable1 finds that 57% of the world’s largest companies that make up S&P Global 1200 have a significant nature dependency risk across their direct operations. This risk represents how companies rely on ecosystem services as well as whether those services are vulnerable to disruption — interrupting business operations in turn.

The analysis also finds that 71% of companies in that universe have at least one asset located in a Key Biodiversity Area (KBA).

At the same time, corporate pledges to protect nature remain rare. Only 8% of companies assessed globally in the S&P Global Corporate Sustainability Assessment (CSA) have a commitment to protect biodiversity.

This gap underscores the room for growth in corporate sustainability strategies to better integrate nature into operations and risk management. This is a topic now in sharper focus following the November 2025, COP30 Climate Change Conference which took place in the Brazilian Amazon rainforest.