Integrating Biodiversity into Business Strategy: Theoretical Foundations and Exemplary Cases

Abstract

In the face of escalating global environmental challenges, it has become imperative to integrate biodiversity considerations into business strategies. This study explores the dynamics of integrating biodiversity concerns into corporate strategy as an innovative approach to reconciling competitiveness and profitability with biodiversity conservation. It examines the many impacts of business practices on biodiversity, explaining how unsustainable practices lead to habitat destruction, species loss and environmental degradation. By analyzing case studies, the paper shows how companies can become active contributors to biodiversity conservation through strategic changes in operating models. At the heart of the discussion is the conceptualization of biodiversity as a fundamental business asset. The paper presents a compelling case for adopting a holistic view that recognizes biodiversity as an essential resource underpinning long-term business resilience and productivity. By applying the principles of integrating biodiversity, companies can build sustainable supply chains, drive innovation, and gain a competitive advantage in a changing market.