Biodiversity loss is among the top global risks. The ecosystem services that biodiversity provides, including crop pollination, water purification, carbon sequestration and flood protection, are estimated to be worth up to USD140 trillion per year.
The case for protecting and enhancing biodiversity is clear. Biodiversity is an important consideration the Group, and aspects of ecosystem protection are covered by our group priorities – nature-based solutions to reducing carbon (see Climate), watershed protection and replenishment (see Water), sustainable procurement (see Supply Chain) and support for marine conservation (see Communities). Where biodiversity is a material issue, our businesses have different approaches depending on what they do and where they are.