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Understanding changes in business strategies regarding biodiversity and ecosystem services

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  • Houdet, Joël
  • Trommetter, Michel
  • Weber, Jacques

Abstract

Business activities play a major role in biodiversity loss so that firms are under increasing pressures from stakeholders to mitigate their negative impacts on ecosystems. As business attitudes, policies and behaviors regarding biodiversity and ecosystem services (BES) progressively change, a better understanding of how business strategies may be framed and implemented is required. In the first part of this paper, we discuss how biodiversity is usually understood as an external environmental constraint on business activities, and how this perception influences arbitrages. We then discuss how assessing BES interdependencies (impacts and dependencies) may bring about new business strategies and needs: we explore the opportunities and challenges of emerging mechanisms of payments for ecosystem services and expose the need for standardized sets of indicators at different scales for the effective management of their BES dependencies and impacts.

Suggested Citation

  • Houdet, Joël & Trommetter, Michel & Weber, Jacques, 2012. "Understanding changes in business strategies regarding biodiversity and ecosystem services," Ecological Economics, Elsevier, vol. 73(C), pages 37-46.
  • Handle: RePEc:eee:ecolec:v:73:y:2012:i:c:p:37-46 DOI: 10.1016/j.ecolecon.2011.10.013
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    Cited by:

    1. James R. Oakleaf & Christina M. Kennedy & Timothy Boucher & Joseph Kiesecker, 2013. "Tailoring Global Data to Guide Corporate Investments in Biodiversity, Environmental Assessments and Sustainability," Sustainability, MDPI, Open Access Journal, vol. 5(10), pages 1-17, October.
    2. Kyriazi, Zacharoula & Maes, Frank & Degraer, Steven, 2016. "Coexistence dilemmas in European marine spatial planning practices. The case of marine renewables and marine protected areas," Energy Policy, Elsevier, pages 391-399.
    3. Trommetter, M., 2015. "Ressources naturelles et comptabilité des organisations," Working Papers 2015-08, Grenoble Applied Economics Laboratory (GAEL).
    4. repec:gam:jsusta:v:10:y:2018:i:1:p:220-:d:127186 is not listed on IDEAS
    5. Ciprian Ionescu & Hélène Leriche & Michel Trommetter, 2016. "Biodiversity and economy: new management and accounting approaches, tools and practices," Post-Print hal-01340449, HAL.
    6. Ciprian Ionescu & Hélène Leriche & Michel Trommetter, 2016. "Biodiversité et Économie : nouvelles approches, outils et démarches de gestion et de comptabilité," Post-Print hal-01340214, HAL.
    7. Olivier Boiral, 2016. "Accounting for the Unaccountable: Biodiversity Reporting and Impression Management," Journal of Business Ethics, Springer, pages 751-768.
    8. Michel Trommetter, 2015. "Ressources naturelles renouvelables et comptabilité des organisations," Post-Print hal-01254938, HAL.

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