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Changing business perceptions regarding biodiversity: from impact mitigation towards new strategies and practices

Author

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  • Joël Houdet

    (Orée)

  • Michel Trommetter

    () (GAEL - Laboratoire d'Economie Appliquée de Grenoble - UPMF - Université Pierre Mendès France - Grenoble 2 - INRA - Institut National de la Recherche Agronomique, Department of Economics, Ecole Polytechnique - Polytechnique - X - CNRS - Centre National de la Recherche Scientifique)

  • Jacques Weber

    (CIRAD - Unité de recherche Ressources forestières et politiques publiques)

Abstract

Business activities play a major role in biodiversity loss and, as a result, firms are under increasing pressures from stakeholders to reduce their negative impacts on living systems. In response, business attitudes, behaviors and strategies regarding biodiversity are progressively changing, suggesting that interactions between business and biodiversity could go beyond the search of a compromise between development and conservation. This paper proposes an analysis of business perceptions regarding biodiversity. In its first part, we discuss how biodiversity is usually perceived as an external environmental constraint on business activities, and how economic tools may be used for arbitrages in that context. Building upon our work on the Business and Biodiversity Interdependence Indicator (BBII), we then discuss how assessing a firm's interdependences with biodiversity may bring about new business strategies and practices. We propose a typology of firm behavior regarding biodiversity and ecosystem services (BES), discuss business opportunities and property rights issues pertaining to markets for ecosystem services and propose preliminary conceptual foundations of new business standards needed to reverse current biodiversity trends.

Suggested Citation

  • Joël Houdet & Michel Trommetter & Jacques Weber, 2009. "Changing business perceptions regarding biodiversity: from impact mitigation towards new strategies and practices," Working Papers hal-00412875, HAL.
  • Handle: RePEc:hal:wpaper:hal-00412875 Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00412875
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    References listed on IDEAS

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    Cited by:

    1. Joël Houdet & Charlotte Pavageau & Michel Trommetter & Jacques Weber, 2009. "Accounting for changes in biodiversity and ecosystem services from a business perspective," Working Papers hal-00434450, HAL.
    2. repec:dau:papers:123456789/14276 is not listed on IDEAS

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    Keywords

    impact mitigation; strategy; payments for ecosystem services; standards; biodiversity; business; standards.;

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