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Nature
Read time: 4 mins 30 secs Added: 19/10/2023
With soaring business costs, ongoing supply chain disruptions, labour market shortages and the uncertain geopolitical and macroeconomic environment, it can be difficult to adapt your business to accommodate the impacts of climate change and the need to improve sustainability more broadly.
However, by starting to think about nature now, you could better manage risks and take advantage of new opportunities by getting ahead of the curve on an issue that continues to gain greater prominence across all stakeholders and sectors.
Why should businesses care about nature?
As individuals and companies, we derive a wide range of ecosystem services from nature, such as food, fibres used to make textiles, plant materials used for fuel, building materials and medicines. There are also less obvious ecosystem services, such as the pollination of crops by bees, the natural flood defences provided by peatland, and the capturing and storing of carbon to mitigate against climate change, through habitats like seagrasses and woodlands.
Jonas Persson, Head of Sustainability and ESG Finance says “These ecosystem services don’t come with an invoice so they are often not part of business decision making, yet a lot of the capital that powers businesses and the global economy ultimately comes from the natural world. Integrating nature in both business models and strategies, can lead to better-informed decisions that can benefit both businesses and the planet.”
Nature: a business imperative
In this short video, we see specialists in biodiversity share why organisations need to prioritise nature in their strategies and their advice on how to get started.
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