Market Insight: Nature Data And Analytics Emerge To Support Disclosures

Published 7 March 2024 by Alice Saunders & Ryan Skinner &
Climate Change Strategy Climate Risk Digital Tech Net Zero & Climate Risk Market Insight

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Executive Summary

Investors, such as the Nature Action 100 group, and regulators, such as the EU, via its Corporate Sustainability Reporting Directive (CSRD), are increasingly asking for detailed nature and biodiversity data from organizations. Remote sensing and digital tools can support firms in this by delivering timely, cost-effective and decision-useful insights without requiring hours of work by ecologists. This report details providers offering nature data and analytics, outlining their capability areas, technologies used and heritages. Software vendors and investors should use the report to understand the market and to inform their decisions to invest in, develop or acquire nature data and analytics tools.

Table of contents

A patchwork of intelligence tools addresses complex nature data requirements
Nature data and analytics providers offer situational awareness and criteria for decision-making
Capability areas expand on the LEAP approach
Geospatial data and AI are popular for assessing nature and biodiversity impact
Biodiversity data tools are shifting from research circles to the mainstream
Buyers and investors should ensure that nature data tools are the right fit

Table of figures

Figure 1. Nature data and analytics providers have garnered significant funding over the past three years
Figure 2. Nature data and analytics span the LEAP approach
Figure 3. Remote sensing technologies are primarily used for measuring and monitoring biodiversity
Figure 4. Providers often use multiple technologies in their offerings
Figure 5. A range of providers offer nature data and analytics capabilities 

About the authors

Alice Saunders

Industry Analyst
Alice is an Industry Analyst in the Verdantix Net Zero & Climate Risk practice. Her current research agenda focuses on climate risk solutions and biodiversity. Alice holds a Masters in Nature, Society and Environmental Governance from the University of Oxford and a BA in English Literature from the University of Warwick.

Ryan Skinner

Research Director, Net Zero & Climate Risk
Ryan is the Research Director for the Verdantix Net Zero & Climate Risk practice. He guides the research team to develop compelling research at the intersection of net zero strategies, carbon management, climate risk and technology. Prior to joining Verdantix, Ryan was a principal analyst at Forrester Research, where he initiated the research into ESG data and analytics offerings. He also has extensive experience of helping software companies with their messaging, positioning, market and technology strategies. Ryan studied at Duke University, the University of Manchester and the University of Oslo, and speaks Norwegian fluently.

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