Giving Compass' Take:
- Here are three ways for companies to make long-term and effective commitments to biodiversity conservation.
- How can donors play a role in fostering partnerships that help advance biodiversity efforts?
- Learn more about reversing the decline of biodiversity.
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Biodiversity provides humanity and our economies with the resources needed to thrive. However, the planet is experiencing a great loss of biodiversity due to overfishing, deforestation and pollution. Humans and our planet’s ecosystem are inextricably linked and as our planet warms, the threat to ecosystems is a threat to us. It’s crucial for corporations to make strides to protect biodiversity.
In April, Bloomberg reported that "a third of endemic species on land and half in the sea will become extinct if greenhouse gas emissions are not reined in," and WWF's 2020 Living Planet Index, which measures the population sizes of mammals, birds, fish, amphibians and reptiles, found a 68 percent decline in animal biodiversity since 1970.
But companies and investors are struggling to understand, articulate and quantify the positive impacts of biodiversity on their businesses, making taking action against biodiversity loss difficult. The UN Biodiversity Conference (COP15), scheduled to take place later this year, will be a notable moment for companies to articulate their efforts in developing comprehensive plans of action and take steps to better steward the environment.
As a global beverage company that relies on water, protecting the healthy biodiverse environment that nurtures water has been at the center of Suntory’s work over the past several decades. The company has worked to preserve the resources that enable our business to thrive. For corporations unsure where to begin on their biodiversity events, here are some guiding tips based on our experience of preserving forests and water, managing bird habitat and communicating our biodiversity efforts.
- Focus your biodiversity efforts on where your business operates
- Make long-term commitments to ensure true impact
- Partner with various experts and stakeholders and take a scientific approach
Read the full article about biodiversity by Takeshi Yamada at GreenBiz.