BSR Insight | New Report Urges Policymakers to Protect Ecosystems
According to a new report from The Economics of Ecosystems and Biodiversity (TEEB) initiative, policymakers can increase economic returns, jobs, and livelihoods by investing in ecological infrastructure; integrating ecosystem services values into price signals; and creating adequate institutions, regulatory frameworks, and financing opportunities to protect ecosystems.
This report reinforces the growing trend (also discussed in this week's feature article) that expectations for corporate environmental performance are broadening. For business, this increase in support for ecosystem services concepts could necessitate corporate reporting not only on specific impacts—such as greenhouse gas emissions or water usage—but also on information that puts in context the environmental impacts of corporate activities on the processes and functions that operate within an ecosystem.
Companies can get ahead of this trend by understanding how their operations either impair or restore ecosystem functions.
About the Author(s)
Linda Hwang, Former Manager, Research
Topics
Climate Change, Ecosystem Services, Environment, Investor Perspective, Strategy & Integration, Water
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