ABSTRACT

Businesses are linked to natural capital and ecosystem services through impacts and dependencies. All businesses have an impact on natural capital and ecosystem services, either directly or indirectly. Forestry businesses depend on ecosystem services, including freshwater supply, climate regulation and nutrient cycling, and have an impact on natural capital and ecosystem services through commercial logging. The transport industry has large impacts on natural capital and ecosystem services. One of the main ways in which businesses are engaging with the concepts of natural capital and ecosystem services is through natural capital accounting. Businesses face a wide range of risks related to biodiversity, ecosystem services and natural capital, including coastal flooding, desertification and food security. Consideration of natural capital and ecosystem services can help businesses to recognize and pursue a wide range of new business opportunities. Businesses are becoming increasingly aware of the need to extend their engagement with a new set of market-based sustainability drivers.