Session 6

Biodiversity and companies, impact and dependencies

Summary

Part 1 highlights why companies need to tackle the biodiversity topic

Parts 2 and 3 explain how to do it (impact and dependencies)

Part 4 is a specific example for companies in the mining and metals sector

Part 5 indicates shortly the role of the finance world to preserve biodiversity

Course Outline

00:00
Importance of biodiversity
00:30
00:30
Impact
00:45
01:15
Dependencies
00:15
01:30
Mining and metal example
01:00
02:30
Financ
00:30

Key Learnings

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Biodiversity and companies, impact and dependencies

Either for ethical reasons or business ones, companies have to tackle the biodiversity collapse issue and take actions on it as it is a major risk to them

Impact on biodiversity

The first step is to measure the impact they have on biodiversity, as well their dependencies to biodiversity ecosystem services (double materiality)

Dependency on biodiversity

The planetary boundary of biodiversity is by far exceeded at the age of anthropocene and the 6th mass extinction (the first one caused by one species that is even aware of it!)

Directions towards solutions

Technological solutions and known techniques alone will not be enough and might even exacerbate biodiversity collapse (e.g. mutation of problems). A new paradigm is needed including in particular sufficiency. A systemic vision is also required. The finance world has a key role to play

Find your place :)

Companies will then have to find their place in this new world and define a new way of doing business. Up to us to invent this new world :)

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Student Projects

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Speaker

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Focus

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Pedagogical Note