Tag Archive for: Trinity College Dublin

Caroline Cawley is our new Business Programme Lead

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Business for Biodiversity Ireland is delighted to announce that Caroline Cawley will be taking over as our Business Programme Lead.

Caroline, who will be working with our Nature Strategy Accelerator Programme member organisations as they progress through our workshop series for 2026, is a senior sustainability and circularity leader with over 15 years’ experience helping organisations embed sustainability, climate action, circularity, and nature considerations into core business strategy and decision-making.

She has worked across consumer electronics, telecommunications, and environmental services sectors, building and leading sustainability functions, developing materiality-led ESG strategies, targets and reporting frameworks, and delivering Net Zero roadmaps and decarbonisation programmes aligned with the Science-based Targets Initiative. Caroline is recognised for her ability to connect sustainability priorities with commercial outcomes, risk management and long-term value creation. She is also recognised as an expert in fostering circular cultures and ways of working in organisations.

Most recently, Caroline served as Head of Corporate Sustainability at Bang & Olufsen, where she established the company’s sustainability function and integrated circularity, product longevity and climate targets into corporate strategy, financing, governance and product development. She has also held a senior sustainability role with TDC Group in Denmark and with Liberty Global in the Netherlands, delivering commercially impactful initiatives in circular and sustainable product design, eco-packaging, supply chains and energy management.

Caroline holds an MBA from Rotterdam School of Management and an MSc in Environmental Science from Trinity College Dublin. She brings a strong business-led perspective to advancing a circular, low-carbon and nature-positive economy which will be a real asset to the delivery of our programme guiding Irish businesses to boost resilience with a strong nature strategy.

We are also pleased to announce that our previous programme lead Dr Catherine Farrell will be staying with us in the role of Nature Strategy Accelerator Programme Business Programme Advisor.

To begin your Nature Strategy Accelerator Programme with us, register for the introductory Discovery Track HERE.

Or contact ccawley@businessforbiodiversity.ie to discuss your business’ options for our advanced tracks.

Participate in ‘The Business of Nature Positive’ at Trinity

Would you like to participate in The Business of Nature Positive?

BFBI Business Programme Lead, Dr Catherine Farrell CIEEM is an Assistant Professor of Business & Nature at Trinity College Dublin. This past academic year in Trinity Business School, she and a group of students engaged with businesses from a broad range of sectors in Ireland for a new module, The Business of Nature Positive.

From SME to major legal firms, to real estate to aviation, 34 students worked with 15 businesses to build understanding of their impacts and dependencies on nature, and how they can address nature-related risks, as well as explore opportunities through nature-positive actions. You can read more about the module, which is supported by the Business for Biodiversity Ireland team, here, and sign up after reading the full Expression of Interest document below.

Here are some of the testimonials from the Sustainability Champion Leads that engaged with us this year to inspire you to participate – whether your business is just one person / a small team or large scale, size does not matter:

Engaging with the students through the course was valuable to us as it provided an impetus to tackle the real challenges we must overcome. Coming from outside our domain was also useful as they were able to provide a different perspective. – Jane, Trinity College Dublin.

 

This was a really rewarding experience. The module was run very professionally and the students’ level of engagement exceeded expectations, as did the output which will be very complimentary to our sustainability strategy around biodiversity. – Neil, Hibernia Real Estate.

 

Working with our students helped put our efforts and plans into perspective… Their ideas to expand nature-positive businesses – especially their most simple ideas – have inspired. – Patrick, Notre Dame Dublin.

 

I would definitely encourage any business to get involved, the students have so much knowledge and come with lots of ideas about embedding sustainability. The end report is written specifically for your organisation which was insightful and well written. Overall, a great experience and hopefully the students thought it was useful too! – Dee, Chartered Accountants Ireland.

 

A very positive experience, as the students were really engaged and interested. I think they learned a lot from this initiative, as did we! – Megan, Native Events.

 

It has been a great pleasure working with the students and collaborating with Dr Catherine Farrell. Viewing our business from a different perspective has been incredibly valuable. We hope The Shannon Airport Group can continue to collaborate with Trinity College in the future. – Arek, The Shannon Airport Group.

 

It was a pleasure to work with the students of the Business of Nature Positive module at Trinity Business School under the guidance of Dr Catherine Farrell. The programme provided me with hands-on practical experience … and the resulting report will be a very useful tool in our biodiversity strategy for the future. For businesses that have not yet started evaluating their biodiversity-related impacts, risks and opportunities this is a valuable programme and one I can highly recommend. – Lorraine, A&L Goodbody.

The call for businesses to engage with this year’s student (academic year 2025-2026) is now open – an opportunity for you to learn more about sustainability reporting for your business – read the Expression of Interest PDF linked below with full details of what’s involved below and sign up HERE.

Poster in dark red with white text and logos

Expression of Interest: TBS Nature positive module 4_6_2025

Guest blog: Bridging the Biodiversity Financing Gap

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Dr Catherine Farrell, Assistant Professor in Business and Nature in Trinity Business School and BFBI’s Business Programme Lead, is co-ordinator of a module for final year business students with learnings on nature, society and economy. The module, the development of which was supported by BFBI, is called The Business of Nature Positive and explores ways for undergraduate students to work with businesses in Ireland to support the global Nature Positive Initiative. We are delighted to share guest articles on a number of associated course topics, beginning with the role of green bonds in sustainable finance.  

In this extract, Ms. Meadbh O’Mahony, Senior Sophister student in Global Business in Trinity Business School, explores why these bonds are insufficient on their own to halt biodiversity decline; while highlighting the important role they must play a nature-positive future: 

 

Bridging the Biodiversity Financing Gap: Why Green Bonds Are Not Enough 

‘The planet’s rich web of life is unravelling, with ecosystems deteriorating at an alarming pace due to human-driven pressures. The UN’s Intergovernmental Science Policy Platform on Biodiversity and Ecosystem Services (IPBES) reports that 75% of terrestrial environments and 66% of marine ecosystems have been significantly altered by human actions, driven by deforestation, pollution, climate change and unsustainable resource extraction (Natixis, 2024). 

Graph with pink and green hues

The World Economic Forum estimates that $44 trillion, over half of global GDP, is moderately or highly dependent on nature. (Deutz A, et al, 2020). Despite the urgency of the crisis, current biodiversity financing falls far short of what is needed to reverse ecosystem degradation.

Despite significant progress being made in climate and sustainable finance, with green bonds channelling nearly $600 billion into environmental projects in 2023 alone (Popoola et al. 2024), they have largely focused on climate mitigation projects, such as renewable energy and carbon reduction and overlooked biodiversity. 

In response to this imbalance, the financial industry is evolving beyond traditional green bonds and to a new generation of financial instruments, biodiversity bonds…’

Read the full article here: Bridging the Biodiversity Financing Gap – Meadbh O’Mahony 

 

Strategy: Developing a Nature Ambition Statement

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BFBI Business Programme Lead Dr Catherine Farrell CIEEM, Trinity College Dublin, who presented at our recent Stategy Track workshop in Dublin, recaps on the benefits of developing a Nature Ambition Statement to help guide your nature strategy.

It’s is the perfect time to set targets for the coming year. And so, in the spirit of setting a steady nature-positive pace, the team at Business for Biodiversity Ireland, with help from the Sustainable Futures team at KPMG Ireland, kicked off 2025 with an insightful January workshop for our Strategy Track businesses.

Our focus was on the key elements of what a Nature Ambition Statement is – and why every organisation should have one. BFBI, in partnership with Business for Nature, is hosting the It’s Now for Nature Accelerator programme to empower Irish businesses to develop and publish a credible nature strategy.

Step 1: So, you’ve done your basic value-chain mapping, you’ve identified your main impacts and dependencies, and you’ve found that biodiversity is a material topic for your business to include in annual reporting. In the process, you’ve highlighted key areas to focus on, and you have a sense of what you can achieve. Maybe you also discovered areas that your employees or customers want you to focus on. But you need a North Star to guide your next steps. That is what your Nature Ambition Statement is.

There are some good examples available to learn from, such as the ambition statement developed by Foresight Group, and Business for Nature has provided some good guidance around elements that should be included – such as, how your ambition aligns with the Global Biodiversity Framework targets and timelines for delivery. 

Step 2: The ambition, set out in Step 1, can only be achieved if it is supported by setting targets that can be realised. We need to be thinking about targets that are SMART – specific, measurable, achievable, relevant and time-bound; being clear on what is achievable and within what timeframes. This will be the focus of our next two Strategy Track business workshops coming up later in the year.

In a nutshell, a Nature Ambition Statement sets the coordinates for where your business needs to, and importantly, wants to, go for nature. It can be used to help guide the target-setting process within the company but it also sends a clear, action-oriented message to your customers and key stakeholders. The process itself – agreeing and refining the business’ nature ambition – could also be described as the first step in business transformation.

The next step is getting clear on what the business can do, and what it is ready to commit to, towards a nature-positive future. More on this to come in our next workshop in April.

Our Strategy Track includes pilot BFBI businesses who have been progressing their organisation’s Nature Strategy and sharing feedback along the way, including An Post, Bank of Ireland, Bus Eireann, Cairn Homes, ESB Networks, Gas Networks Ireland, Glenveagh Properties, KPMG Ireland’s Sustainable Futures, SAP Landscapes and our associates at Business in The Community Ireland, Biodiversity Data Centre and Trinity College Dublin.

  • To take the first step on the BFBI 4-Track Nature Strategy Accelerator Programme, your organisation can sign up for our free Discovery Track. Once you have a good handle on what’s needed for your business to begin to take action, you can sign-up to progress along the paid Action Track, then the next step will be the Strategy Track.

Read more here – How It All Works.

Dr Catherine Farrell is our Business Programme Lead

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Business For Biodiversity Ireland is delighted to announce that Dr Catherine Farrell is moving over from our Board of Directors to take on the role of Business Programme Lead.

A pioneer of ecological restoration and research in Ireland and internationally, having developed Ireland’s first Biodiversity Action Plan for a corporate body (Bord na Móna), Catherine is a Senior Research Fellow in the School of Natural Sciences and Adjunct Teaching Fellow in Trinity Business School at Trinity College Dublin.

Catherine developed a new TCD module for 2024-2025, The Business of Nature Positive, which incorporates learnings about nature, society and economy, exploring ways for undergraduate students to work with businesses in Ireland to support the global Nature Positive Initiative, and report through the Corporate Sustainability Reporting Directive.

Catherine worked on the EPA-funded research project INCASE, applying the UN SEEA Ecosystem Accounting framework at catchment scale in Ireland up to 2022, and her current research as part of BiOrbic National Bioeconomy Research Centre focuses on developing mechanisms to structure, finance, monitor and communicate the direct impacts and broader societal benefits of nature restoration (Project ReFarm).  She was lead organiser of the Peatlands Gathering 2021, and is also a member of the ongoing National Land Use Review process.

Read more on our Meet the Team page.

 

Welcoming the BFBI Board

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Business For Biodiversity Ireland is delighted to announce the appointment of a new Board of Directors to guide and inform our work to ensure Irish businesses are ready to join the global push for a transition to a nature-positive economy.

With a climate and biodiversity emergency declared by the Government in 2019, the BFBI platform was seed-funded by the Department of Agriculture and the Department of Housing, Local Government and Heritage in 2021, in recognition of the urgent need for Irish businesses to address their impacts and dependencies on nature. The platform has now developed the Nature Strategy Accelerator Programme to get businesses on track to a nature-positive way of working with up to date guidance on emerging sustainability frameworks and comply with EU directives on environmental reporting.

New Board Chair Susan Rossney, Sustainability Advocacy Manager with the Institute of Chartered Accountants Ireland, said: “A nature-positive economy is vital to our long-term economic resilience – 55% of the world’s GDP is moderately or highly dependent on nature. Despite this, many businesses are unaware of their dependence on and impact on biodiversity, a risk made all the greater now that larger companies are legally bound to disclose information on their environmental impact via the Corporate Sustainability Reporting Directive or CSRD.”

The BFBI Board of Directors also includes:

– Secretary Lisa Davidson, experienced finance and banking professional

– Vice President for Biodiversity and Climate Action and ecology professor at Trinity College Dublin, Jane Stout

– Dr Catherine Farrell, former Bord na Mona ecologist, now Trinity Professor and pioneer of innovative environmental projects including ReFarm and Natural Capital Ireland

– Ken Whitelaw, Sustainability Manager of IDA Ireland

– Asst Prof Kirstie McAdoo of University College Dublin, formerly Airfield Estate

– world-leading biodiversity consultant Edward Pollard, director of the UK Business and Biodiversity Forum, a specialist in demystifying nature for business.

Welcoming the new Board, Executive Director Lucy Gaffney said: “We are thrilled to have such an accomplished team of experts with a wealth of knowledge and experience in business, sustainability and nature restoration.”

Meet the Business For Biodiversity Ireland Board HERE.

Wanted: Participants for Trinity ‘Business of Nature Positive’

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Want a deeper understanding of your business’ impacts and dependencies on nature? Wondering where to start with nature-related disclosures? Lost in a fog of TNFD / GRI / EFRAG / CRSD alphabet soup? Keen to develop a roadmap to Nature Positive for your business but don’t know where to start?

Business For Biodiversity Ireland is participating in the development of a new module with Trinity College Dublin’s Dr Catherine Farrell titled ‘The Business of Nature Positive’ and are inviting businesses who would be interested and willing to:

  • participate in Trinity Business School undergraduate / student-led research to trial the application of nature-related reporting frameworks and tools, and
  • explore ways to develop a roadmap to Nature Positive.

Businesses rely on many aspects of nature and climate to carry out day-to-day business. Recognising these dependencies, as well as the impacts of business on nature, new reporting requirements under the new EU Corporate Social and Responsibility Directive (CSRD), will fast become a reality for Irish businesses.

In response to the need to build capacity for present and future business needs, Trinity Business School is developing this module to be delivered to 4th year undergraduates in the 2024/2025 academic year and facilitate learning in how to apply and communicate relevant nature-related reporting and disclosure frameworks for businesses, helping to identify steps to nature positive and through these processes assist businesses to integrate nature into decision making.

We expect the input from the business to be by a nominated staff member / sustainability business champion working directly with the TCD students. We expect the work to involve at minimum approximately 8-10 hours in total over a period of 4 months (largely between December and mid-April 2025 – download a breakdown of time and commitment expected via the PDF at the end of the article.)

As a participating business, through engagement in this process, you will have opportunities to:

  • Benefit by receiving bespoke support in kickstarting scoping for a materiality assessment for your business
  • Assistance in taking the first steps in identifying data available / potential data needs for nature related reporting
  • Develop a deeper understanding of your business’ impacts and dependencies on nature,
  • Begin the thought process as to how to develop a roadmap for nature positive for your
    business, and
  • Trial approaches / identify opportunities for communicating nature related issues to
    stakeholders (internal and external).

Once we have an overview of interested businesses (small or large, of any sector), the module coordinator will follow up with a questionnaire to determine your suitability in terms of logistics and availability.

NB: Please submit an expression of interest form HERE.

This call for Expressions of Interest will close in early July.

 

EOI-TBS-Nature-positive-module-final-27_5_2024Download

Survey on biodiversity skills for sustainable business

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Calling all Irish businesses! Irish and European policy is moving us all toward nature-positive business models and we want to make sure Irish businesses have all the support they need to comply. This short survey will help you to identify the skills, knowledge and competencies that may not yet be represented in your business. 

The results of the survey will allow us to make recommendations to the Skills and Labour Market Research Unit and other relevant entities to ensure the creation of robust interdisciplinary training and educational options to help businesses meet new nature-related reporting responsibilities and accelerate Ireland’s transition to a nature-positive economy.

In partnership with Trinity College Dublin and National Parks and Wildlife Service, this skills gap survey will support Ireland’s National Biodiversity Action Plan (NBAP) 2023-2030.

Please take the survey here – SURVEY LINK

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