The task for business leaders around the world is to embrace this evidence and start acting as stewards, rather than spoilers, of our vital natural assets.
The latest edition of the WEF’s Global Risks Report is correct in concluding that, “Of all risks, it is in relation to the environment that the world is most clearly sleepwalking into catastrophe.” But PwC’s latest annual CEO survey, also released at Davos, reveals that business leaders no longer include environmental concerns in their top-ten threats to corporate growth.
Such findings reflect an inexcusable myopia on the part of business leaders. The loss of biodiversity – stemming from the destruction of individual species, entire ecosystems, and even genetic resources – is not just an environmental issue; it is also a threat to global development, security, and economic prosperity. Products ranging from coffee to cotton rely on strong, functioning ecosystems and a minimal level of biodiversity. Without a healthy environment, forced migrations, conflicts over resources, and a range of other direct and indirect disruptions to global trade and commerce become more likely.
Full article available: https://www.neweurope.eu/article/business-and-biodiversity/