Understanding changes in business strategies regarding biodiversity and ecosystem services

Joel Houdet (), Michel Trommetter and Jacques Weber
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Jacques Weber: Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement

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Abstract: Business activities play a major role in biodiversity loss so that firms are under increasing pressures from stakeholders to mitigate their negative impacts on ecosystems. As business attitudes, policies and behaviors regarding biodiversity and ecosystem services (BES) progressively change, a better understanding of how business strategies may be framed and implemented is required. In the first part of this paper, the authors discuss how biodiversity is usually understood as an external environmental constraint on business activities, and how this perception influences arbitrages. They then discuss how assessing BES interdependencies (impacts and dependencies) may bring about new business strategies and needs: they explore the opportunities and challenges of emerging mechanisms of payments for ecosystem services and expose the need for standardized sets of indicators at different scales for the effective management of their BES dependencies and impacts.

Keywords: BIODIVERSITY; ECOSYSTEM SERVICE; BUSINESS STRATEGY; STAKEHOLDER; PROPERTY RIGHT; IMPACT MITIGATION (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (27)

Published in Ecological Economics, 2012, 73 (1), pp.37-46. ⟨10.1016/j.ecolecon.2011.10.013⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02650913

DOI: 10.1016/j.ecolecon.2011.10.013

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