Businesses across the globe are increasingly turning their attention to their impacts and dependencies on biodiversity as a fundamental component of their long-term success. Over the last years, a complex landscape of metrics, tools and frameworks has been developed to measure and value the impacts and dependencies of business on biodiversity and associated ecosystem services. To foster business action on biodiversity, more clarity and consistency on how to assess corporate biodiversity impact and performance ais needed.
Today, the Align project is publishing recommendations bringing more clarity on ‘what’ elements of biodiversity to measure and ‘how’ to assess impacts and dependencies on biodiversity in a business context. This document, developed through a consensus building process with many of the leading experts on the topic, provides the technical basis to support many evolving policies and standards. It aims to support wider reporting, disclosure and target setting initiatives and standards and drive the harmonization of natural capital accounting within Europe and beyond.
Find out more here.
Originally Published | 08 Dec 2022 |
Related organisation(s) | UNEP - United Nations Environment ProgrammeEC - European CommissionDG ENV - DG for Environment |
Knowledge service | Metadata | Biodiversity | Biodiversity and financeBiodiversity and its global governance |
Digital Europa Thesaurus (DET) | biodiversityecosystem servicesaccountingnatural resourcesstandardisationharmonisation of standardsbusiness modelenvironmental impact |
Geographic coverage | EUEuropean UnionGlobalWorld |