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Using conservation science to advance corporate biodiversity accountability

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type , Journal 05 Oct 2018 United Kingdom, Denmark Publisher:WileyJournal:Conservation Biology, volume 33, pages 307-318 (issn: 0888-8892, eissn: 1523-1739,

Authors: Prue F. E. Addison; E. J. Milner-Gulland; Joseph W. Bull; Joseph W. Bull;

doi: 10.1111/cobi.13190

pmid: 30009509

pmc: PMC7379537

Using conservation science to advance corporate biodiversity accountability

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Abstract

AbstractBiodiversity declines threaten the sustainability of global economies and societies. Acknowledging this, businesses are beginning to make commitments to account for and mitigate their influence on biodiversity and report this in sustainability reports. We assessed the top 100 of the 2016 Fortune 500 Global companies' (the Fortune 100) sustainability reports to gauge the current state of corporate biodiversity accountability. Almost half (49) of the Fortune 100 mentioned biodiversity in reports, and 31 made clear biodiversity commitments, of which only 5 were specific, measureable, and time bound. A variety of biodiversity‐related activities were disclosed (e.g., managing impacts, restoring biodiversity, and investing in biodiversity), but only 9 companies provided quantitative indicators to verify the magnitude of their activities (e.g., area of habitat restored). No companies reported quantitative biodiversity outcomes, making it difficult to determine whether business actions were of sufficient magnitude to address impacts and were achieving positive outcomes for nature. Conservation science can advance approaches to corporate biodiversity accountability by helping businesses make science‐based biodiversity commitments, develop meaningful indicators, and select more targeted activities to address business impacts. With the biodiversity policy super year of 2020 rapidly approaching, now is the time for conservation scientists to engage with and support businesses in playing a critical role in setting the new agenda for a sustainable future for the planet with biodiversity at its heart.

Countries

United Kingdom, Denmark

Related Organizations

University of Oxford, Department of Zoology
United Kingdom
University of Copenhagen
Denmark
University of Oxford, Department of Zoology
United Kingdom
University of Oxford
Pakistan
University of Oxford
United Kingdom

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Keywords

Conservation of Natural Resources, private sector, naturaleza, responsabilidad social corporativa, 333, mitigation, sector privado, development, Ecosystem, Essays, Organizations, Social Responsibility, corporate social responsibility, mitigacion, sustentabilidad, indicadores, nature, desarrollo, Biodiversity, sustainability, indicators, GN

Impact byBIP!

	citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	94
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Top 1%
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Top 10%
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Top 10%