Biodiversity Measurement, Valuation and Reporting

Halting biodiversity loss is a global priority. Sustainable Development Goal 15 aims to “protect, restore and promote sustainable use of ecosystems … and halt biodiversity loss”.

Business impacts and depends on biodiversity either directly through its operations or indirectly through supply chains. Measuring and valuing these impacts and dependencies can help to understand and uncover unseen business risks and opportunities. It can therefore provide business decision-makers with better information and insights that may affect a company's long-term success.

The Challenge

Biodiversity underpins the health, functioning and productivity of ecosystems and our societies and economies. Food, fiber and fuel production, and soil and nutrient cycle maintenance, all depend on biodiversity. Many industry sectors rely on these natural resources and services for their operations and products.

The Business Case

The access to natural resources, the retention of those resources is increasingly threatened. Business needs to be able to fully understand its impacts and dependencies on natural resources in order to uncover risks and opportunities. Measuring and valuing biodiversity impacts and dependencies can provide decision-makers with better information and insights.

The Business Solution

We're partnering with the International Union for Conservation of Nature (IUCN) and Arizona State University (ASU) to help business measure, value and report biodiversity impacts and dependencies.

We aim to provide meaningful and relevant contributions to the Convention on Biological Diversity Aichi Biodiversity Targets and the associated Sustainable Development Goals.

To help mainstream biodiversity in business decision-making, we focus on:

  • Increasing business awareness and understanding of biodiversity values;
  • Clarifying what can be done to manage and mitigate risks and harness opportunities;
  • Collaborating to develop a methodology for business that is adapted to specific sectors and is simple and cost-effective to implement;
  • Providing guidance on simple metrics or indicators to help assess impacts and dependencies at site/project, supply chain and corporate levels.