The Millennium Ecosystem Assessment - the largest audit ever conducted of the condition and trends in the world's ecosystems - found that ecosystems have declined more rapidly and extensively over the past 50 years than at any other comparable time in human history.
Left unchecked, this degradation could jeopardize future economic well-being, creating new winners and losers within the business community.
The Corporate Ecosystem Services Review (ESR) consists of a structured methodology that helps managers proactively develop strategies to manage business risks and opportunities arising from their company’s dependence and impact on ecosystems. It is a tool designed for strategy development, not just for environmental assessment.
This publication describes the five steps for performing an Ecosystem Services Review. It provides an analytical framework, case examples, and helpful suggestions for each step.
It concludes by highlighting a number of resources managers can use when conducting an Ecosystem Services Review, including a "dependence and impact assessment" spreadsheet, scientific reports, economic valuation approaches, and other issue-specific tools.