Why Businesses Should Give Nature Strategies Space to Grow
Emma Price-Thomas, Head of Corporate Partnerships at The Wildlife Trusts, discusses the significant impact businesses can have on nature.
The Wildlife Trusts is a movement consisting of 46 independent charities with a shared mission.
According to a report by the British Retail Consortium (BRC) titled "Planning for Nature", retailers must address the rapid loss of nature and biodiversity as a matter of urgency to avoid jeopardizing supply chain resilience.
- Three quarters of retailers lack targets to protect nature.
- Over half have no public commitments to nature conservation.
- Two thirds are without a data-led strategy to protect nature.
Understanding where to start can be challenging, especially for new or complex organizations, due to the various frameworks, initiatives, and working groups involved.
The BRC explained that if retailers don't address the loss of nature and biodiversity, they risk jeopardizing supply chain resilience.
Author's summary: Businesses must prioritize nature conservation to ensure supply chain resilience.