Business and enterprise have a huge role to play in how we manage, safeguard and invest in our natural capital. TEEB in Business and Enterprise provides important evidence of growing corporate concern about biodiversity loss, and offers examples of how leading companies are taking action to conserve biodiversity and restore ecosystems.
This report TEEB in Business and Enterprise is for a wide array of enterprises, including those with direct impacts on ecosystems and biodiversity, such as mining, oil and gas and infrastructure; for those businesses that depend on healthy ecosystems and biodiversity for production, such as agriculture and fisheries; for industry sectors that finance and undergird economic activity and growth, like banks and asset managers, as well as insurance and business services; and for businesses that are selling ecosystem services or biodiversity-related products such as eco-tourism, eco-agriculture and bio-carbon.
The report looks at the indications and drivers of biodiversity loss and ecosystem decline, and shows how these present both risks and opportunities to all business. This report reviews a range of practical tools to manage biodiversity risks in business, and provides examples of how companies are using these tools to reduce costs, protect their brands and deliver real business value.
The report also explore the emergence of new business models that deliver biodiversity benefits and ecosystem services on a commercial basis, the policy enabling-frameworks needed to stimulate investment and entrepreneurship to realize such opportunities, and the obstacles that must be overcome. In addition, the report examines the changing preferences of consumers for nature-friendly products and services, and offer examples of how companies are responding.
Furthermore, the report shows how businesses can align their actions in relation to biodiversity and ecosystem services with other corporate responsibility initiatives, including community engagement and poverty reduction.