Compensating biodiversity loss : Dutch companies’ experience with biodiversity compensation, including their supply chain : the ‘BioCom’ project
2011
Compensation for damage to biodiversity is a relatively new topic in the business environment. Most private sector companies dealing with compensation do so because of a legal obligation. Companies are increasingly becoming aware, though, that our welfare and well-being depend on healthy ecosystems and biodiversity. Also, from a Corporate Social Responsibility (CSR) point of view, companies start to realize that securing continued access to natural resources is a key factor to their profitability. This inspires more and more companies to take up the challenge to start a project aiming to voluntarily compensate for biodiversity loss or damage
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