bat biodiversity partnership - The business case for biodiversity

All businesses both impact and depend on biodiversity and ecosystem services to operate. Healthy, resilient ecosystems provide many beneficial ecosystem services; conversely, the decline in biodiversity and ecosystem services poses real and tangible risks for business and society in general1

Threats to biodiversity and ecosystem services include fresh water scarcity, habitat loss and degradation, climate change, pollution, over-exploitation and the spread of invasive alien species. From a purely commercial perspective, these can compromise business operations and investments, resulting in operational, regulatory, reputational, market and product, and financial risks2.

As well as needing to ensure regulatory compliance, there is also growing pressure from customers and investors for businesses to report on and improve environmental performance. Negative impacts to biodiversity can affect a company’s reputation and ability to compete in today’s markets. Sound management of biodiversity, meanwhile, is an effective way of building trust and confidence with stakeholders3.

The case for conserving biodiversity is unarguable, and lies at the heart of the NGO Partners’ missions. But what is the business case for British American Tobacco to become involved in conserving biodiversity? And how can the NGO Partners achieve their conservation missions through working with British American Tobacco?

The business case for British American Tobacco 
The business case for the NGO Partners
Podcast on business and biodiversity

 

  1. TEEB Report for Business, page 4
  2. TEEB Report for Business, page 29
  3. TEEB Report for Business, page 26