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Bringing sustainability to life: A framework to guide biodiversity indicator development for business performance management

Addison, Prue F.E., Stephenson, P.J., Bull, Joseph, Carbone, Giulia, Burgman, Mark, Burgass, Michael J., Gerber, Leah R., Howard, Pippa, McCormick, Nadine, McRae, Louise, and others. (2020) Bringing sustainability to life: A framework to guide biodiversity indicator development for business performance management. Business Strategy and the Environment, . ISSN 0964-4733. E-ISSN 1099-0836. (doi:10.1002/bse.2573) (KAR id:81784)

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Biodiversity loss is a critical sustainability issue, and companies are beginning to seek ways to assess their biodiversity performance. Initiatives to date have developed biodiversity indicators for specific business contexts (e.g., spatial scales – from site, to product, to regional, or corporate scales), however many are not widely translatable across different contexts making it challenging for businesses seeking indicators to manage their biodiversity performance. By synthesizing the steps of common conservation and business decision-making systems, we propose a framework to support more comprehensive development of quantitative biodiversity indicators, for a range of business contexts. The framework integrates experience from existing tried-and-tested conservation frameworks. We illustrate how our framework offers a pathway for businesses to assess their biodiversity performance, and demonstrate responsible management by mitigating and reversing their biodiversity impacts and sustaining their dependencies, enabling them to demonstrate their contribution to emerging global biodiversity targets (e.g., Convention on Biological Diversity post-2020 targets).

Item Type: Article
DOI/Identification number: 10.1002/bse.2573
Uncontrolled keywords: metric, management system, impact mitigation, risk management, sustainability
Subjects: H Social Sciences > HF Commerce > HF5351 Business
Q Science > QH Natural history > QH75 Conservation (Biology)
Divisions: Divisions > Division of Human and Social Sciences > School of Anthropology and Conservation
Depositing User: Joseph Bull
Date Deposited: 19 Jun 2020 14:41 UTC
Last Modified: 09 Jan 2024 05:23 UTC
Resource URI: (The current URI for this page, for reference purposes)

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