Fireside Chat: Biodiversity and Business at Risk

More than half of the world’s GDP depends heavily on functioning natural ecosystems. As climate change and human ecosystem destruction exacerbate the loss of nature, businesses become increasingly aware of the material risks from nature loss for their long-term success and resilience. At the same time, companies are discovering opportunities to incorporate nature and biodiversity into business strategies to ensure long-term viability of business models, stable supply chains, access to new markets and offerings, and improved relationships with stakeholders.

Learnings

• How does business impact biodiversity?
• Why does biodiversity matter for businesses? What biodiversity-related risks do businesses face?
• Biodiversity and climate change are inextricably connected. In the context of global recovery from the COVID-19 pandemic, there is a compelling case for businesses to address both crises simultaneously. What are the opportunities and barriers for business to synergise commitments to nature and a net-zero pathway?

Post-Event Actions

• Gain insights on why tackling biodiversity is more than an opportunity to “do good”, but an imperative for business survival.
• Rethink how your company and industry can support biodiversity conservation initiatives, and promote greater awareness among employees and stakeholders.