#bizbiodiversity

Nature is everyone’s business! Read some of the findings from the IPBES #BizBiodiversity Report, as summarized compellingly by @‌BES Net: https://www.besnet.world/nature-is-everybodys-business/ Read the full report: https://www.ipbes.net/business-impact

📊 Some businesses already apply existing methods, knowledge and data; as the science base improves, all businesses will be able to take action. A combination of methods or metrics, which may include scientific, Indigenous and local knowledge, will often be necessary to fully capture the impacts and dependencies of business on biodiversity and nature’s contributions to people. —IPBES #BizBiodiversity Asssessment Read the approved Summary for policymakers of the business and biodiversity assessment:

🌽 By understanding and managing businesses’ impacts and dependencies, businesses can reduce risks and deliver positive outcomes for both business and biodiversity. To avoid greenwashing, it is essential that businesses develop transparent and credible strategies based on an understanding of their impacts and dependencies and clearly demonstrate verifiable biodiversity outcomes. —IPBES #BizBiodiversity Asssessment Read the Summary for policymakers of the business and biodiversity assessment:

From 1820 to 2022, the global economy grew from $1.18 trillion to $130.11 trillion and businesses played a central role in that growth. Yet ignoring nature's values has also driven biodiversity loss: 14 of 18 measured categories of nature’s contributions to people are declining. Because businesses are highly influential, and can move quickly when motivated, informed and enabled to do so, they can be agents of positive change. —IPBES #BizBiodiversity Asssessment Explore the Summary for Policymakers of the Business and Biodiversity Assessment:

Business uptake of biodiversity disclosure is currently limited. 📊 While biodiversity and nature underpin the global economy, the latest @‌ipbes.net #BizBiodiversity Assessment reveals that less than 1 per cent of publicly reporting companies currently mention their impacts on biodiversity. While the number is growing in response to new reporting standards, there is a need to move beyond these institutional and resource-related barriers to achieve transformative change. Dive into the SPM, our multimedia library, and the media release (offered in 3 languages) for more details: https://bit.ly/IPBES12Media 📂