Engaging industry in nature conservation: case studies from leading companies
Engaging industry in nature conservation: case studies from leading ... IUCN
sdgtalks
Industry Actions for Conservation and Restoration: A Report on Sustainable Development Goals
Resulting from a workshop convened by IUCN and Anglo American in Montreal, Canada, this report documents 28 case studies from various industry leaders. These case studies showcase actions that go beyond addressing residual negative impacts on site.
Concrete Examples of Industry Contributions to Conservation and Restoration
The report presents concrete examples of how industry can contribute to conservation and restoration goals and support the halt of nature loss in their non-operational lands and seas. It further emphasizes the importance of an integrated approach, one that involves collaboration among stakeholders including governments, civil society, and local communities.
“The case studies clearly demonstrate the business case for actions above and beyond mitigating impact. They showcase the valuable contributions and positive impact that can be made in the wider land and seascapes, within the countries and regions in which we operate,” states Warwick Mostert, Principal Biodiversity at Anglo American.
Current efforts to reduce impacts on nature on site have not been sufficient to tackle the alarming rate of biodiversity loss. Industry has an opportunity to play a role in addressing impacts, first following strict regulatory or other requirements, and then by working to achieve No Net Loss or Net Positive Impact.
“In recent years, there has been a notable paradigm shift in how companies approach nature, with an increasing recognition that they must now strive not only to mitigate negative impacts on site, but also to positively contribute to holistic and integrated conservation goals – in this case at the land and seascape level’, said Stephen Edwards, co-lead editor and former IUCN Senior Programme Manager, Enterprise and Investment Team.
The Critical Role of Industry in Halting Biodiversity Loss
Target 15 of the Kunming-Montreal Global Biodiversity Framework highlights the critical role that industry can play in halting and reversing biodiversity loss. There is a growing realization that companies have the potential to effect positive change above and beyond impact mitigation on site, in the realm of nature conservation and restoration.
‘This Kunming Montreal Biodiversity Framework, along with the proactive stance and commitment of influential business leaders, stands as a clear testament to future increased ambition to address biodiversity loss and start to deliver positive outcomes,” added Mr. Edwards.
Find out more about these actions in the report funded by Anglo American and available here.
SDGs, Targets, and Indicators
-
SDG 15: Life on Land
- Target 15.5: Take urgent and significant action to reduce the degradation of natural habitats, halt the loss of biodiversity, and protect and prevent the extinction of threatened species.
- Indicator: The report highlights the critical role that industry can play in halting and reversing biodiversity loss, aligning with the target of Target 15.5.
-
SDG 17: Partnerships for the Goals
- Target 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology, and financial resources.
- Indicator: The report emphasizes the importance of collaboration among stakeholders, including governments, civil society, and local communities, aligning with the target of Target 17.16.
Table: SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 15: Life on Land | Target 15.5: Take urgent and significant action to reduce the degradation of natural habitats, halt the loss of biodiversity, and protect and prevent the extinction of threatened species. | The report highlights the critical role that industry can play in halting and reversing biodiversity loss, aligning with the target of Target 15.5. |
| SDG 17: Partnerships for the Goals | Target 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology, and financial resources. | The report emphasizes the importance of collaboration among stakeholders, including governments, civil society, and local communities, aligning with the target of Target 17.16. |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: iucn.org
Join us, as fellow seekers of change, on a transformative journey at https://sdgtalks.ai/welcome, where you can become a member and actively contribute to shaping a brighter future.
