Katic, Pamela ORCID: 0000-0001-7594-1081, Cerretelli, Stefania ORCID: 0000-0003-3652-7253, Haggar, Jeremy ORCID: 0000-0002-4682-4879, Santika, Truly ORCID: 0000-0002-3125-9467 and Walsh, Conor ORCID: 0000-0003-4829-2754 (2022) Mainstreaming biodiversity in business decisions: taking stock of tools and gaps. Biological Conservation, 277:109831. pp. 1-20. ISSN 0006-3207 (Print), 1873-2917 (Online) (doi:https://doi.org/10.1016/j.biocon.2022.109831)

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Abstract

Most businesses depend on biodiversity, either directly, indirectly as ecosystem services, or through their supply chains. In negatively impacting biodiversity, businesses risk losing essential resources and services. As a result, it is important for the private sector to demonstrate strong and improved performance on biodiversity. This paper reviews and compares tools and approaches that help businesses measure their performance on biodiversity issues. Through a literature review and interviews of tool developers, we assess how tools are constructed, how they measure biodiversity performance, how and where they are being used by different businesses and how they contribute to achieving international targets for biodiversity. We found that tools perform a range of functions and are mostly applied at product, site, and supply chain level. Further efforts are needed to align tools with global biodiversity goals. Key knowledge gaps remain to better capture dependence on biodiversity and spatial spillover effects.

Item Type:	Article
Uncontrolled Keywords:	corporate environmental management; corporate biodiversity management; biodiversity metrics; biodiversity tools; certifiable standards
Subjects:	H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management S Agriculture > S Agriculture (General)
Faculty / School / Research Centre / Research Group:	Faculty of Engineering & Science Faculty of Engineering & Science > Natural Resources Institute Faculty of Engineering & Science > Natural Resources Institute > Agriculture, Health & Environment Department Faculty of Engineering & Science > Natural Resources Institute > Livelihoods & Institutions Department
Last Modified:	10 May 2023 08:13
URI:	http://gala.gre.ac.uk/id/eprint/38266

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