Post by shakhar23 on Feb 27, 2024 5:23:45 GMT
The World Business Council for Sustainable Development has launched Eco4Biz, a set of tools designed for businesses seeking to evaluate, measure and value the natural resources they use.
The toolkit is released in report form and is called Eco4Biz – Ecosystem Services and Biodiversity Tools to Support Business Decision Making. WBCSD says the report provides a “one-stop set of resources” that will help environmental managers and companies navigate and select from the range of available tools to better understand how they rely on nature, leading to more informed and better sustainability decisions.
Eco4Biz has a decision tree (pictured) that helps group tools according to Saudi Arabia Mobile Number List the rating scale the organization may require and the type of results the organization prefers. Instruments are defined as focusing primarily on either ecosystem services, such as supply, regulation and cultural services, or biodiversity. The toolkit will be updated regularly to keep pace with developments as more companies actively measure, manage and mitigate their impacts and dependence on nature, WBCSD said.
The toolkit was developed in collaboration with WBCSD member and non-member companies, non-governmental organizations, academic institutions and tool developers.
In April, WBSCD released a report calling on companies to develop and implement a more holistic approach to the watershed that considers upstream and downstream interactions, direct and indirect impacts, and environmental needs.
For many businesses, this approach is a more cost-effective method of reducing water-related risks and provides significant benefits and opportunities through new revenue prospects, enhanced reputation, improved compliance and cost savings, according to Sharing Water: Engaging Busines.
In WBSCD launched its free Global Water Tool, which companies can use to map their water use and assess the risks associated with their global operations and supply chains.
The toolkit is released in report form and is called Eco4Biz – Ecosystem Services and Biodiversity Tools to Support Business Decision Making. WBCSD says the report provides a “one-stop set of resources” that will help environmental managers and companies navigate and select from the range of available tools to better understand how they rely on nature, leading to more informed and better sustainability decisions.
Eco4Biz has a decision tree (pictured) that helps group tools according to Saudi Arabia Mobile Number List the rating scale the organization may require and the type of results the organization prefers. Instruments are defined as focusing primarily on either ecosystem services, such as supply, regulation and cultural services, or biodiversity. The toolkit will be updated regularly to keep pace with developments as more companies actively measure, manage and mitigate their impacts and dependence on nature, WBCSD said.
The toolkit was developed in collaboration with WBCSD member and non-member companies, non-governmental organizations, academic institutions and tool developers.
In April, WBSCD released a report calling on companies to develop and implement a more holistic approach to the watershed that considers upstream and downstream interactions, direct and indirect impacts, and environmental needs.
For many businesses, this approach is a more cost-effective method of reducing water-related risks and provides significant benefits and opportunities through new revenue prospects, enhanced reputation, improved compliance and cost savings, according to Sharing Water: Engaging Busines.
In WBSCD launched its free Global Water Tool, which companies can use to map their water use and assess the risks associated with their global operations and supply chains.