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- VyraNews #12: The Business Case for Biodiversity.
VyraNews #12: The Business Case for Biodiversity.
Vyra Newsletter & Luke Fagan, Vyra Learning Director
March 14, 2024
Happy Thursday š š±
In the ever-evolving landscape of corporate responsibility, businesses are finding themselves at a crucial juncture where ecological sustainability and economic interests converge. Central to this shift is the concept of biodiversity, a term quickly becoming a mainstay in boardroom discussions nationwide.
What is Biodiversity?
Biodiversity refers to the vast variety of life on Earth, encompassing every living organism and their interactions, from the tiniest bacteria to the largest whales. More than just a measure of the number of species, biodiversity includes the complexity of ecosystems and the genetic diversity within species. It's essential for the health of our planet, providing crucial services like air and water purification, soil fertility, and pollination, which in turn support human life and economic activity. |  |
Why Biodiversity is Making Business Headlines in the UK
The spotlight on biodiversity has intensified, particularly for UK businesses, as the Biodiversity Net Gain (BNG) policy was implemented in January 2024.
This groundbreaking policy mandates that any new development must enhance biodiversity by 10%, embedding ecological considerations into the very fabric of business operations.
Biodiversity Net Gain (BNG) is not just about compliance; it's a transformative approach that positions biodiversity as a central pillar in sustainable business practices.
