Why Businesses Should Give Nature Strategies Space to Grow
Emma Price-Thomas, Head of Corporate Partnerships at The Wildlife Trusts, discusses the significant impact businesses can have on nature.
The Wildlife Trusts is a movement consisting of 46 independent charities with a shared mission.
According to a recent report by the British Retail Consortium (BRC), titled "Planning for Nature", retailers must address the accelerating loss of nature and biodiversity as a matter of urgency to avoid jeopardising supply chain resilience.
The BRC explained that if retailers don't take action, they risk jeopardising supply chain resilience.
- Three quarters of retailers lack targets to protect nature.
- Over half have no public commitments to nature conservation.
- Two thirds are without a data-led strategy to protect nature.
Businesses face challenges in implementing nature-friendly strategies due to complex operations and multiple frameworks.
Author's summary: Businesses must prioritize nature conservation to ensure supply chain resilience.
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