Earthwatch continues to work with various institutions in building the case for effective management of biodiversity at both a site level and through the supply chain.
Companies are held to account by some stakeholders (investment community, industry associations and benchmarking indices) in very specific ways. As a way of supporting corporate social responsibility and accountability to those stakeholders Earthwatch has:
- discussed the most appropriate mechanisms for assessing business risks that biodiversity management poses for different sectors, and how best to measure specific company impacts and risk exposures, with Sustainable Asset Management (SAM).
- discussed the shape and form of Biodiversity Action Plan Guidelines for application across the oil and gas industry with the International Petroleum Industry Environmental Conservation Association (IPIECA).
- discussed the theory and mechanisms by which it is possible to make The Convention on Biological Diversity (CBD) more relevant to business, with the Ethical Investment Research Services (EIRIS)
- provided feedback to the Index company FTSE4Good on what role biodiversity should play within the assessment of company sustainability and risk profiles
- continued to partner with Business in The Community (BiTC) by providing information and support for the biodiversity assessment question within the Business in the Environment index
- continued to partner with Business in The Community (BiTC) by providing information and support for the biodiversity assessment question within the Business in the Environment index.
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