Biodiversity Loss a Significant Business Risk

The July issue of the Environmental Leader online magazine reported on a survey of businesses and consumers on the loss of biodiversity. According to the survey, more than half of businesses see species loss impacting their bottom line in some countries, while about 80 percent of consumers said they would stop buying products from companies that do not take biodiversity seriously. Overall though, only 25 percent of CEOs said they considered the loss of biodiversity to be a strategic business issue. Rio Tinto, Walmart, Coca Cola and BC Hydro are some leading companies that have made commitments to reducing or eliminating their industry’s impact on the environment. Read more here.