Irish Business and Biodiversity Project

The Irish Business and Biodiversity Project was a study commissioned by the National Parks and Wildlife Service on how Irish businesses can better support national biodiversity objectives.

 

Click the pdf on the right to read the final report.

 

The project team of Optimize, Natural Capital Ireland and AECOM, along with former EPA Director Micheál Ó Cinnéide, conducted a survey of 122 Irish businesses to gauge their knowledge of - and action on - biodiversity. The project also assessed the appetite for developing a national Business and Biodiversity Platform to support businesses in protecting and restoring biodiversity.

Key findings:

 

  • Irish businesses are taking some action on biodiversity - such as engaging staff, growing pollinator friendly plants and installing beehives

  • Conversely, businesses do not tend to account for their strategic environmental impacts:

    • Only 22% have completed a review of their direct environmental footprint and 13% have completed a review of environmental impacts in their supply chain

    • Just 20% say that their policy to address the UN Sustainable Development Goals is complete.

  • Businesses could be missing out on opportunities to gain competitive advantage and win market share, with less than half (43%) viewing action on biodiversity as a business opportunity.

  • There was broad support for the establishment of a national Business and Biodiversity Platform, as a forum for peer-to-peer learning on biodiversity, with networking and advice from the Government.

 

Final report of the Irish Business & Biodiversity Project

Natural Capital Ireland is a partner on the pioneering INCASE project, which is testing Natural Capital Accounting principles in several river catchments in Ireland. 

We are working with colleagues in Trinity College Dublin, University College Dublin, NUI Galway, University of Limerick and international ecosystem accounting experts, IDEEA Group, to apply the UN standard for Natural Capital Accounting, known as the SEEA.

The purpose these accounts is to support more informed decision-making by policymakers, land owners and managers and a range of other stakeholders. Natural Capital Accounts integrate economic and environmental themes, and provide an evidence base for investments in rural development, health and much more. 

For more, visit incaseproject.com and sign up to the project newsletter.

 

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