Corporate Ecosystem Services Review helps companies manage risks and opportunities from ecosystem impacts

What do these stories have in common? Companies facing unexpected risks or novel opportunities arising from their dependence and impact on ecosystems

[object Object],[object Object],Cultural Nonmaterial benefits obtained from ecosystems Provisioning Goods or products obtained from ecosystems Three categories of ecosystem services

Trends in the world’s ecosystem services over past 50 years Source: Adapted from the Millennium Ecosystem Assessment. 2005. Ecosystems and Human Well-being: Synthesis. Washington, DC: Island Press. ,[object Object],[object Object],[object Object],Cultural ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Regulating ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Provisioning Enhanced Mixed Degraded

The Corporate Ecosystem Services Review Structured methodology that helps managers proactively develop strategies to manage business risks and opportunities arising from their company’s dependence and impact on ecosystems

Business benefits ,[object Object],[object Object],[object Object],[object Object],[object Object]

Business decisions and processes the ESR can support ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Steps in a corporate ecosystem services review Key activity Step Outline and prioritize strategies for managing the risks and opportunities 5. Develop strategies Identify and evaluate business risks and opportunities that might arise due to the trends in priority ecosystem services 4. Identify business risks and opportunities Evaluate conditions and trends in priority ecosystem services, as well as drivers of these trends 3. Analyze trends in priority services Systematically evaluate degree of company’s dependence and impact on ecosystem services Determine highest “priority” services—those most relevant to business performance 2. Identify priority ecosystem services ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],1. Select the scope

Step 1. Considerations when selecting the scope 3. Is it strategic, timely, and supported? 1. Which stage of the value chain? Customers Company Suppliers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],2. Who and where specifically?

Step 2. Identifying priority ecosystem services

Step 3. Ecosystem service trends and drivers framework ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Step 4. Types of risks and opportunities arising from trends in ecosystem services Type Risk Opportunity NOT EXHAUSTIVE Operational ,[object Object],[object Object],[object Object],[object Object],[object Object],Regulatory and legal ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Reputational ,[object Object],[object Object],[object Object],Market and product ,[object Object],[object Object],[object Object],[object Object],[object Object],Financing ,[object Object],[object Object],[object Object]

Step 5. Categories of strategies Internal changes Sector or stakeholder engagement Policy-maker engagement Operations Product strategy Market strategy Procurement strategy Land management Etc. Industry peer collaboration Cross-sector collaboration NGO collaboration Transactions with stakeholders Etc. Tax incentives Subsidy reforms Protected areas Zoning Etc.

What the ESR is not ,[object Object],[object Object],[object Object],[object Object]

Supporting tools available in Guidelines and on website ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],www.wri.org/ecosystems/esr

Corporate Ecosystem Services Review helps companies manage risks and opportunities from ecosystem impacts

Recomendados

Recomendados

Más contenido relacionado

La actualidad más candente

La actualidad más candente (20)

Similar a Corporate Ecosystem Services Review helps companies manage risks and opportunities from ecosystem impacts

Similar a Corporate Ecosystem Services Review helps companies manage risks and opportunities from ecosystem impacts (20)

Más de World Resources Institute (WRI)

Más de World Resources Institute (WRI) (20)

Último

Último (20)

Corporate Ecosystem Services Review helps companies manage risks and opportunities from ecosystem impacts

Notas del editor