Why Businesses Should Give Nature Strategies Space to Grow
Emma Price-Thomas, Head of Corporate Partnerships at The Wildlife Trusts, examines the significant impact businesses can have on nature.
The Wildlife Trusts is a movement consisting of 46 independent charities with a shared mission.
A recent report by the British Retail Consortium (BRC), Planning for Nature, emphasizes the need for retailers to address the accelerating loss of nature and biodiversity.
The BRC explained that failing to do so risks jeopardising supply chain resilience.
Despite this, many retailers lack targets to protect nature, with over half having no public commitments and two thirds without a data-led strategy.
The numerous frameworks, initiatives, and working groups can make it challenging for organisations to determine where to focus their efforts, especially for those new to the concept or with complex operations.
Author's summary: Businesses must prioritize nature strategies.
- Three quarters of retailers lack targets to protect nature.
- Over half have no public commitments to nature conservation.
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