Starting point
The bank wanted a nature-positive target. For that, strategy, risk, portfolio and operating model had to arrive at one target level and one timeline.
Target picture
A biodiversity roadmap that connects target level, committees and implementation in the portfolio.
Approach
- Defined target level and decision criteria.
- Prioritised the measures across functions and put them in order.
- Fixed ownership in the existing committees.
Result
- A target level the whole organisation stands behind.
- A roadmap that connects strategy and portfolio steering.
Lessons
- A target only works once someone owns it, the order is fixed and it shows up in the bank's annual rhythm.