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Only 9% of major companies use biodiversity indicators, study finds
Biodiversity indicators can help companies make more sustainable decisions. But only 9% of the world's largest companies in sectors with a major impact on biodiversity use such indicators, according to a new study from Lund University.
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A new Lund University study finds that only 9 % of the world’s largest firms in sectors with the greatest biodiversity impact—food, beverages, tobacco, apparel, chemicals, construction, energy and mining—use biodiversity indicators to guide decisions. Researchers examined sustainability reports from 89 such companies and identified eight that reported using any indicator, with just two employing more than one. The analysis shows that different indicators can produce divergent conclusions, prompting the authors to issue seven recommendations on how firms should apply these metrics.
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