Explore the resources below to assist in completing this action.
Biodiversity Guidance action 2.2.3
2.2.3 Articulate the objective of your assessment
Once the biodiversity-inclusive Business Application, target audience, and relevant stakeholders have been identified, you should proceed to articulate the specific biodiversity objectives for the assessment. Some examples are provided in table 2.1.
Example Business Application from Aligning Measures (EU Business @ Biodiversity Platform 2019) | Example target audience | Example objective |
Assessment of current biodiversity performance (BA1) | Internal stakeholders (e.g., environment/sustainability manager) External regulators (e.g., statutory conservation body) | To assess site-based impacts on biodiversity |
Tracking progress to targets (BA3) | Internal operations department External stakeholders (e.g., NGOs, scientific community, customers) | To demonstrate to stakeholders compliance with no net loss biodiversity objectives at the site level |
Comparing options (BA4) | Internal procurement teams (e.g., supply chain manager) External stakeholders (e.g., affected communities, indigenous people, farmers/fishers) | To assess which procurement option has the highest dependence on biodiversity |
Assessment/rating of biodiversity performance by third parties, using external data (BA5) | Internal stakeholders (e.g., environmental and social governance teams, higher-level management) External stakeholders (e.g., rating agencies and certification bodies) | To demonstrate whether the company meets certification requirements for acceptable biodiversity performance |
Screening and assessment of biodiversity risks and opportunities (BA7) | Internal operations department (e.g., risk officers) External regulators (e.g., statutory conservation bodies) | To assess risk exposure of business operations to risks associated with biodiversity loss |