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BS 8583-2015 pdf free download
BS 8583-2015 pdf free download.Biodiversity – Guidance for businesses on managing the risks and opportunities.
3.2 Biodiversity and business opportunities
All businesses are in some way reliant on the services provided by the environment and ecosystems. Business reliance on biodiversity can be direct (e.g. food production, the pharmaceutical and the cosmetics industries which rely directly on naturally sourced products) or indirect (e.g. the financial investment sector which benefits from investing in land that is managed to enhanced biodiversity and delivers returns in the long term). For many businesses their principal interaction with biodiversity is through their premises and their supply chain, All businesses also rely on more general ecosystem services (e.g. clean water supply and decomposition of waste), the disruption of which can have a disproportionately large impact on the quality and resilience of the supply chain.
Improving consideration of biodiversity in one’s business management could provide unexpected direct and indirect company benefits such as the following.
Supply of resources. Natural resources derived from ecosystems provide the basis for a wide range of commercial products including food, paper, textiles and colorants. The services provided by ecosystems, such as water and nutrient cycling, are also often essential for production and processing. For example, as reported in the 2020 Challenge for Scotland’s Biodiversity 1141, the value of insect pollination services in Scotland is estimated at £43 million per year. Improving consideration of biodiversity can preserve the diversity of resources and ensure a continuing supply, avoiding the need to develop replacement resources as each is exhaustively exploited, and maintaining the continuity of the business.
• Access to markets. Some consumers are showing increased preference for products that are created using sustainably and ethically sourced materials and methods. For example, according the 2010 TEEB for Business report [41 global sales of Forest Stewardship Council certified “sustainable” forest products quadrupled between 2005 and 2007, whilst between 2008 and 2009 the global market for certified “sustainable” fish products grew by over 50%, achieving a retail value of US$1,500,000,000. According to a 2010 UNEP-WCMC report 1151 the potential size of global markets for agricultural and fisheries products that are certified environmentally sustainable is estimated at US$200,000 million by 2050.
• New markets. New sectors are also emerging to address unavoidable impacts on biodiversity (e.g. offsetting and conservation banking), whilst lucrative opportunities might also be found in sectors as diverse as bio-prospecting (the search for new compounds, genes and organisms in the wild) and ecotourism.BS 8583-2015 pdf free download.
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