Tag Archive for: Biodiversity Commitment

Business for Biodiversity Ireland offer our members an easy-to-follow Roadmap to Nature Positive – and the second step of Phase 1: Assess, after getting started, is to make a commitment to champion and support the objectives of the international Convention on Biological Diversity. Read more below…

Business For Biodiversity Ireland invites all our businesses to sign our Biodiversity Commitment. This comes after reviewing resources to expand your knowledge in the area of biodiversity loss and becoming familiar with the concept of Nature Positive, which is currently being defined and examined by the Nature Positive Initiative, a collective of the world’s largest nature organisations, business and finance coalitions.

Nature positive is a term that defines the actions and activities of a business that reduce negative impacts on nature across their operations and value chain, with concurrent business activities that redirect resources and financial investments towards the restoration and protection of nature.

Click to learn more about Nature Positive.

The Irish government declared a biodiversity emergency in 2019. According to the National Biodiversity Action Plan 2023-2030, all sectors of society including the private sector have a responsibility for nature’s conservation, to protect and restore ecosystems and the services they provide. Nature-positive business models are inherently more resilient to the impacts of climate change, create diverse employment opportunities and encourage innovative approaches to value-chain management.

The BFBI Biodiversity Commitment pledges to champion and support, by all means possible, the three urgent objectives of the international Convention on Biological Diversity: 

  • Conservation of biological diversity and ecosystem services 
  • Sustainable use of its components 
  • Fair and equitable sharing of the benefits that arise out of the utilisation of resources 

This includes a commitment to analyse and monitor your business activities to understand both your direct impacts on nature and your direct dependencies on nature and the associated risks, including defining biodiversity loss as a business risk, incorporating it into your company risk management portfolio.

It is also necessary to commit to understanding the impacts within your value chain and use this information to incorporate nature into decision-making. This includes encouraging your suppliers to make a similar commitment to strive for a nature positive future.

Read the full Biodiversity Commitment HERE.

Become a BFBI member HERE.