There is a clear role for the private sector to contribute to the international biodiversity goals, however these goals are perceived by many businesses as having been written by Governments for Governments and fail to resonate with and inspire action from the private sector. To address this issue, we:
- reframe the international biodiversity goals to illustrate their relevance to the private sector; and
- illustrate the various avenues of action that businesses can take for biodiversity using fourteen carefully selected case studies.
We use fourteen case studies to illustrate these actions and translate them across different business sectors in relation to varying scales, locations, and forms of biodiversity. These cases illustrate a range of reasons why businesses are driven to undertake action that is beneficial to biodiversity, such as compliance with environmental regulation, operational, reputational and financial incentives; and highlight the co-benefits that biodiversity actions can deliver for the environment, society, and businesses themselves.
The ultimate aim of this work is to help the international biodiversity goals become significantly more visible and relevant to everyday business activities. This report is aimed at businesses who are already undertaking actions for biodiversity, helping make the links between their actions and international policy clearer; and for businesses commencing their journey in exploring relevant actions that they could undertake to address their impacts and dependencies on nature and contribute to the international biodiversity goals.