The deterioration of biodiversity on a global scale has been a concern for some time in international discussions, but the international consensus today is that almost none of the Aichi Biodiversity Targets, which were established to address the problem, have been achieved.
The role that companies play in stopping that kind of deterioration of biodiversity through SDG initiatives is promising, but the impacts a company’s business activities have on biodiversity vary by industry type and business conditions. The creation of the TNFD is being championed because it provides a framework that appropriately assesses and discloses impacts on biodiversity according to each company’s business characteristics.
Behind the progressive deterioration of biodiversity is the difficulty of providing a simple explanation of the concept of biodiversity. Furthermore, the majority of people live in urban areas, and despite benefitting from ecosystems such as water, air, and food on a daily basis, they live far from the places where that decline is advancing. As a result, they have a hard time understanding it as an immediate problem (this phenomenon is called “telecoupling”).
When choosing behaviors in business activities and various day-to-day settings, it must become second nature to consider the impacts on biodiversity that those behaviors will have on distant places. In other words, biodiversity must be “mainstreamed.”