In its latest report, the World Biodiversity Council identifies the destruction of nature as a systemic risk and places responsibility on companies to address their environmental impact. This stance is particularly relevant, as the health of ecosystems is directly tied to business viability. The report underscores the inextricable link between economic activity and the sustainability of the natural environment, highlighting that a thriving ecosystem is essential for successful business operations.

The council, known for raising awareness since its 'Global Assessment' in 2019, reports alarming statistics about the state of the planet's ecosystems: three-quarters of earth's land has been substantially altered and used in ways that undermine or collapse ecosystems. The findings reveal a dramatic increase in species extinction rates, suggesting that biodiversity loss is occurring at a rate ten to one hundred times higher than historical norms. Additionally, the biomass of wild terrestrial mammals has plummeted by 82%, indicating a severe decline in wildlife populations and, consequently, ecological health.

Given these insights, businesses are urged to reevaluate their practices and contribute to ecological restoration and sustainability efforts. The implications of the council's report are profound, suggesting that without an active commitment from the economic sector to support ecological health, the long-term viability of both the planet and business operations is at risk. The message is clear: the economy can no longer afford to ignore the state of biodiversity, as its future depends on a healthy and balanced natural environment.