This paper reviews the drivers and current practice around business measurement, reporting and disclosure on biodiversity, investigates the role of these approaches in future business disclosure for informing global policy targets and recommends several key actions required to scale up these efforts. It is intended to brief policymakers on the current status of business biodiversity measurement and reporting and is based on a limited literature review and discussions with government representatives in Brazil, China, France, the Netherlands, South Africa, and the United Kingdom.
In light of the growing interest in natural capital accounting (NCA) and a clear demand for methodologies for including biodiversity into NCA, a wide range of initiatives have been launched to develop pragmatic biodiversity metrics for busines