Biodiversity and Ecosystem Services (BES) degradation and loss has gained business’ attention in recent years, alongside more ‘established’ issues such as climate change and water scarcity. However, while a few leading businesses clearly understand the challenges, a considerable number of businesses that operate in environmentally sensitive sectors, such as extractives, construction, agribusiness, and even finance, do not appear to have this matter fully on their radar screen.
In this issue of Sustainable Insight KPMG, Fauna & Flora International (FFI) and the United Nations Environmental Programme Finance Initiative (UNEP FI) review the extent to which companies are prepared to deal with BES challenges and examine whether this response reflects the magnitude of corporate impacts and dependencies on BES.