Businesses are in a unique position to help solve the nature crisis because many have influence through their value or supply chains. They can move faster than any government in tackling a problem and they have access to some of the best minds, funding and technology.
But we need to accelerate the levels of understanding amongst business leaders and employees. Many businesses have woken up to the climate crisis and are planning their journeys to net zero. But the destruction of nature is an interlinked and equally critical threat that many businesses are unprepared for – only 3 in every 100 UK businesses currently monitor nature and biodiversity risks.
The cost of not dealing with the nature and climate crisis is predicted to be vastly greater than investment in change and solutions.
WWF’s Living Planet Report shows average population sizes (the stock) of wildlife have declined by 69% since 1970. That's on average - some species have declined as much as 85 or 95%. To put that in perspective imagine the department you work in losing 85-95% of its people.
Nature is fundamental to the global economy. Yet the way we do business today is responsible for a huge amount of the destruction of our natural world. Our food system alone is the biggest driver of biodiversity loss globally and accounts for nearly a quarter of global greenhouse gas emissions.
How can businesses help solve the nature crisis?
Explore the impact of overfishing and dredging on our UK seas.
How can finance solve the nature crisis?
Why is the food system one of the biggest causes of nature loss?