Why Businesses Should Give Nature Strategies Space to Grow
According to Emma Price-Thomas, Head of Corporate Partnerships at The Wildlife Trusts, businesses can have a significant impact on nature. The Wildlife Trusts is a movement of 46 independent charities with a shared mission.
A recent report by the British Retail Consortium (BRC), titled "Planning for Nature", emphasizes the need for retailers to address the loss of nature and biodiversity. The report warns that failure to do so may compromise supply chain resilience.
The BRC explained that if retailers don't address the loss of nature and biodiversity, they risk jeopardising supply chain resilience.
Despite this, three quarters of retailers lack targets to protect nature, over half have no public commitments, and two thirds are without a data-led strategy. This may be due to the complexity of understanding where to start, particularly for new or sprawling organizations.
The Wildlife Trusts aims to support businesses in giving nature space to grow and rebound.
Author's summary: Businesses must prioritize nature strategies to ensure supply chain resilience.
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