The latest assessment report from the International Panel on Biodiversity and Ecosystem Services (IPBES) highlights the urgent need for companies to transform their business models to be more supportive of nature. It emphasizes that the current business practices are often detrimental to biodiversity, which in turn poses significant threats to the global economy and human well-being. The report is a stark reminder of the interconnectedness between all business activities and the natural world, noting that economic growth has often occurred at the expense of biodiversity and ecological integrity.

In Finland, the Finnish Nature Panel proposes initiatives such as new nature legislation and environmental taxes to ensure that companies bear financial responsibility for their environmental impacts. These recommendations aim to align corporate strategies with sustainable practices, encouraging businesses to recognize the value of preserving biodiversity rather than undermining it. According to Stephen Wood, the co-chair of the IPBES assessment, it is a 'distorted reality' that companies often find it more profitable to degrade biodiversity than to protect it.

Furthermore, the Finnish Nature Panel suggests that revenue generated by the Finnish Forest Administration should be directed towards conservation efforts. This approach would not only help mitigate the financial impact of biodiversity loss but also enhance ecological resilience. The report serves as a call to action for both governmental and business leaders to rethink their approaches and prioritize environmental sustainability, ensuring the long-term viability of both the economy and nature.