While biodiversity targets are rising, companies still lack practical tools to measure the ecosystem benefits of their water stewardship efforts. That’s why the Pacific Institute, the CEO Water Mandate, LimnoTech, The Nature Conservancy, and SecondNature are happy to share this new Biodiversity Benefit Accounting Guidance for Quantifying and Evaluating the Biodiversity Benefits of Water Stewardship Projects. The guidance helps companies move beyond water risk mitigation and integrate biodiversity into corporate water stewardship projects with clarity and credibility. It provides guidance to identify biodiversity objectives; design biodiversity-aligned projects; select meaningful indicators and metrics; and communicate biodiversity benefits transparently.