Bringing sustainability to life: A framework to guide biodiversity indicator development for business performance management

Biodiversity loss is a critical sustainability issue, and companies are beginning to seek ways to assess their biodiversity performance. Initiatives to date have developed biodiversity indicators for specific business contexts (e.g., spatial scales – from site, to product, to regional, or corporate scales), however many are not widely translatable across different contexts making it challenging for businesses seeking indicators to manage their biodiversity performance. By synthesizing the steps of common conservation and business decision-making systems, we propose a framework to support more comprehensive development of quantitative biodiversity indicators, for a range of business contexts. The framework integrates experience from existing tried-and-tested conservation frameworks. We illustrate how our framework offers a pathway for businesses to assess their biodiversity performance, and demonstrate responsible management by mitigating and reversing their biodiversity impacts and sustaining their dependencies, enabling them to demonstrate their contribution to emerging global biodiversity targets (e.g., Convention on Biological Diversity post-2020 targets).

• Publication year

  2020

• Venue

  Business Strategy and the Environment

• Publication date

  2020-07-14

• Fields of study

  Business, Environmental Science

• Identifiers
  DOI 10.1002/bse.2573
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

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