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Business and Biodiversity: Objectives

Objectives

Objectives

The ‘Biodiversity in Good Company’ Initiative aims at

  • encouraging companies to integrate biodiversity and ecosystem services into their environmental and sustainability management systems and practice
  • supporting individual campanies' commitment and gain new members
  • participating in the development of biodiversity business cases and practical business opportunities for action
  • serving as a platform for learning from each other ‘in good company’ on how to improve biodiversity management
  • leading as good examples and working together to create public awareness that mobilizes business innovation potential
  • engaging in national and international dialogue with civil society and governments and forging new alliances to achieve goals together.

Mission Statement

By signing the Initiative’s Leadership Commitment, the companies commit themselves to individual aims and progress:

1.    Analyse impacts of corporate activities and current operational dependencies with regards to biological diversity.

2.    Integrate the protection of biological diversity, the sustainable use of components and the equitable sharing of benefits derived from use (the three objectives of CBD) into sustainability management systems.

3.    Appoint a responsible individual within the company to steer all activities in the biodiversity sector and report to the Managing Board.

4.    Define realistic and measurable objectives to improve the protection of biological diversity and its sustainable utilization, to be monitored and adjusted every two to three years, and identify challenges.

5.    Publish activities and achievements related to biological diversity in the company’s annual, environmental or sustainability report.

6.    Inform suppliers about the company’s biodiversity objectives and integrate suppliers accordingly and step by step.

7.    Explore the potential for cooperation with scientific institutions, non-governmental organizations and/or governmental institutions with the aim of deepening dialogue and continuously improving the corporate biodiversity management system.

 

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