Corporate sustainability reporting currently fails to provide the information needed for companies, their investors and society to address mounting environmental risks because predominant reporting requirements focus heavily on firm-level risks, neglecting cumulative impacts on climate and nature. Recently, sustainability reporting has also been critiqued for the administrative burden it places on companies. Corporate reportin...

The large-scale loss of ecosystem assets around the world, and the resultant reduction in the provision of nature’s benefits to people, underscores the urgent need for better metrics of ecological performance as well as their integration into decision-making. Gross ecosystem product (GEP) is a measure of the aggregate monetary value of final ecosystem-related goods and services in a specific area and for a given accounting per...

Transformation toward a sustainable future requires an earth stewardship approach to shift society from its current goal of increasing material wealth to a vision of sustaining built, natural, human, and social capital—equitably distributed across society, within and among nations. Widespread concern about earth’s current trajectory and support for actions that would foster more sustainable pathways suggests potential social t...

The COVID-19 pandemic has exposed an interconnected and tightly coupled globalized world in rapid change. This article sets the scientific stage for understanding and responding to such change for global sustainability and resilient societies. We provide a systemic overview of the current situation where people and nature are dynamically intertwined and embedded in the biosphere, placing shocks and extreme events as part of th...

Habitat destruction is driving biodiversity loss in remaining ecosystems, and ecosystem functioning and services often directly depend on biodiversity. Thus, biodiversity loss is likely creating an ecosystem service debt: a gradual loss of biodiversity‐dependent benefits that people obtain from remaining fragments of natural ecosystems. Here, we develop an approach for quantifying ecosystem service debts, and illustrate its us...

Although nutrient enrichment frequently decreases biodiversity, it remains unclear whether such biodiversity losses are readily reversible, or are critical transitions between alternative low‐ and high‐diversity stable states that could be difficult to reverse. Our 30‐year grassland experiment shows that plant diversity decreased well below control levels after 10 years of chronic high rates (95–270 kg N ha −1 year −1 ) of nit...

Efficient conservation planning requires knowledge about conservation targets, threats to those targets, costs of conservation and the marginal return to additional conservation efforts. Systematic conservation planning typically only takes a small piece of this complex puzzle into account. Here, we use a return‐on‐investment ( ROI ) approach to prioritise lands for conservation at the county level in the conterminous USA. Our...

Ecosystem‐based management is logistically and politically challenging because ecosystems are inherently complex and management decisions affect a multitude of groups. Coastal ecosystems, which lie at the interface between marine and terrestrial ecosystems and provide an array of ecosystem services to different groups, aptly illustrate these challenges. Successful ecosystem‐based management of coastal ecosystems requires incor...