BIODIVERSITY INDICATORS FOR EXTRACTIVE COMPANIES

AN ASSESSMENT OF NEEDS, CURRENT PRACTICES AND POTENTIAL INDICATOR MODELS

By The UN Environment World Conservation Monitoring Centre (UNEP-WCMC)

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Biodiversity indicators are an essential tool for understanding and managing changes in biodiversity. Efforts by the private sector to develop biodiversity indicators have often focussed on measuring biodiversity management actions rather than measuring on the ground changes in the status of, and pressures on, biodiversity. This is largely due to methodological and data challenges.

This document is a report on activities conducted during an initial scoping study to understand how progress might be made within the extractive sector in creating effective indicators to establish corporate biodiversity performance. It summarises the results of an analysis of the needs, drivers and current practice relating to biodiversity indicators within the extractives sector.

The initial research was carried out between March and June 2017, in collaboration with Stuart Anstee& Associates. It is based on interviews with eleven companies and a desk review of existing and emerging guidance and approaches. Subsequently, on June 28th2017, approximately 50 representatives from industry and other interested organisations met in Cambridge, UK, to explore the findings of the scoping study as part of the annual meeting of the Proteus Partnership.