A resilience approach to corporate biodiversity impact measurement

Research output: Contribution to journalArticleAcademicpeer-review

8 Citations (Scopus)

Abstract

Measuring biodiversity impact is attracting corporate attention as firms face increasing scrutiny over the ongoing sixth mass extinction of animals. Extant approaches to measurement are relatively nascent and do not directly address the dynamic complexity that can cause abrupt ecosystem change. Measurement approaches largely overlook when transformational change may occur and how changes to biodiversity may influence its likelihood. We posit that corporate biodiversity impact measurement can be advanced by incorporating resilience thinking from the natural sciences. Resilience thinking can refocus measurement on how biodiversity contributes to an ecosystem's capacity to adapt to disturbances and avoid sudden, transformative change. We propose a set of seven key mechanisms that can inform measurement development across three biodiversity attributes: abundance, composition and distribution. To conclude, we discuss opportunities for accounting researchers to advance corporate biodiversity measurement approaches connected to ecosystem resilience.
Original languageEnglish
Pages (from-to)2567-2582
Number of pages16
JournalBusiness Strategy and the Environment
Volume32
Issue number5
Early online date26 May 2022
DOIs
Publication statusPublished - 5 Jul 2023

Bibliographical note

Funding Information:
We would like to thank the Editors of the Special Issue and the anonymous reviewers for their constructive feedback to strengthen our work throughout the review process. We are also most grateful to Emilio Marti, Allyson Quinlan and Simon Moolenaar for providing feedback and suggestions on earlier versions of our study. Open access funding enabled and organized by Projekt DEAL.

Publisher Copyright:
© 2022 The Authors. Business Strategy and The Environment published by ERP Environment and John Wiley & Sons Ltd.

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