Assessment Tool

Nature's ESG
Code of Conduct


A governance reframing that translates traditional ESG indicators through nature’s lens. Six Key Issues — Ecosystem, Reciprocity, Stewardship, Accountability, Moral Ecology, and Feedback Loops — replace their conventional counterparts, each with assessment criteria, time horizons, and pathways to deeper toolkit resources. Review annually as part of existing governance reviews.1

6
Key Issues
23
Questions
~8
Minutes to Complete
Introduction

From ESG Governance to Living Systems Governance

Traditional ESG frameworks ask boards to report on Nature. This tool invites boards to govern as part of Nature, and reframes each of the 7 industry-standard ESG governance indicators through nature’s lens.

Board becomes “Ecosystem.” Pay becomes “Reciprocity.” Ownership becomes “Stewardship.” Accounting becomes “Accountability.” Business Ethics becomes “Moral Ecology.” Tax Transparency becomes “Feedback Loops.”

Although the structure will feel recognisable as you work with these frameworks, the orientation shifts: from managing Nature as an externality, to governing as a participant within living systems.

This tool is designed to sit alongside your existing governance reviews, not replace them. Work your way through each pillar to assess where your board stands, and highlight areas that require attention.


Key Issues / Governance Pillar
Traditional Governance
Nature Governance
01Board
Board as Ecosystem
02Pay
Pay as Reciprocity
03Ownership
Ownership as Stewardship
04Accounting
Accounting as Accountability
05Business Ethics
Business Ethics as Moral Ecology
06Tax Transparency
Tax Transparency as Feedback Loops
Getting Started

How to Use This Assessment

  1. Review each question with your board annually.
  2. Flag areas requiring immediate attention.
  3. Set targets based on time horizons.
  4. Access toolkit pathways for implementation support.
Explore the Framework

Main Indicators

Select an indicator to learn more before beginning.

Key Issues Overview

0 of 23 assessed
Alignment: --
01–04 Conscious Governance
05–06 Natural Behaviour
0 of 23
--
Alignment

Your Governance Profile

Assessment Complete

0
Aligned
0
Partially Aligned
0
Flagged

Key Issue Scores

Flagged Areas

Time Horizon Roadmap

This roadmap maps your flagged and partially-aligned areas against the Three Horizons Framework, a strategic planning model widely used in business (McKinsey)2 for managing transformation. Horizon 1 addresses immediate operational improvements. Horizon 2 builds transitional capabilities. Horizon 3 establishes the long-term governance structures that will define your organisation’s relationship with living systems.

Use this roadmap in two ways: as a call to action (identify specific steps your board can take now) and as a call to reflection (consider the deeper questions each horizon raises about your governance philosophy).

Horizon 1: Short-term (1–3 years)
What quick wins would signal to your stakeholders that nature is heard in your governance?
Horizon 2: Medium-term (2–5 years)
Which structural changes would make nature’s representation in governance irreversible?
Horizon 3: Long-term (3+ years)
What would it look like if your board governed not just for nature, but as part of nature?

Recommended Toolkit Pathways

Based on your flagged and partially-aligned areas, these tools can support your board’s next steps. Each links to a dedicated resource within the Nature on Board toolkit.

Board Services

Work with Us

Ready to bring nature's voice to your boardroom? Our team works with organisations to embed nature representation into governance, strategy, and decision-making.

Get in Touch

Sources & Acknowledgements

  1. ISS ESG Corporate Rating. The six governance pillars in this tool are reframed from the ISS ESG Corporate Rating's Key Issues: Board, Pay, Ownership & Control, and Accounting (Corporate Governance); Business Ethics and Tax Transparency (Corporate Behaviour). Institutional Shareholder Services. issgovernance.com/esg/ratings/corporate-rating
  2. Baghai, M., Coley, S. & White, D. (1999). The Alchemy of Growth. Perseus Publishing. The Three Horizons Framework, widely associated with McKinsey & Company, provides a strategic planning model for managing transformation across short, medium, and long-term timeframes.

The nature-based reframing of each governance pillar — Board as Ecosystem, Pay as Reciprocity, Ownership as Stewardship, Accounting as Accountability, Business Ethics as Moral Ecology, and Tax Transparency as Feedback Loops — is original to Nature on Board, an initiative of Diversity on Board & Earth Law Center's Nature Governance Agency.