Hold big business to task on ecosystem restoration : Corporate reporting must embrace holistic principles from restoration science

Lamont, Timothy and Barlow, Jos and Bebbington, Jan and Cuckston, Thomas and Djohani, Rili and Garrett, Rachael and Jones, Holly and Razak, Tries B. and Graham, Nick (2023) Hold big business to task on ecosystem restoration : Corporate reporting must embrace holistic principles from restoration science. Science, 381 (6662). pp. 1053-1055. ISSN 0036-8075

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Abstract

Large transnational corporations (TNCs) could use their considerable finances, labor, manufacturing infrastructure, and logistics expertise to play key roles in upscaling ecosystem restoration efforts, which are vital for achieving global biodiversity, climate, and development targets (1, 2). Many TNCs are positioning themselves as environmental leaders, carrying out restoration that goes far beyond legal obligations to offset their own environmental impacts. This promise of corporate-led progress is alluring, and has delivered benefits in some cases, but is also fraught with risks. Well-intentioned efforts can do more harm than good (3), and some corporations oversell their efforts for reputational enhancement (greenwashing). Our evaluation of sustainability reports of 100 of the world’s largest businesses reveals the extent to which TNCs are claiming to contribute to—but failing to report on—ecosystem restoration. Increased rigor, consistency, transparency, and accountability are needed to ensure that corporate-led restoration delivers quantifiable, beneficial, and equitable outcomes.

Item Type:
Journal Article
Journal or Publication Title:
Science
Uncontrolled Keywords:
Research Output Funding/yes_externally_funded
Subjects:
?? yes - externally fundedyesgeneralsdg 15 - life on landsdg 14 - life below water ??
ID Code:
201803
Deposited By:
Deposited On:
21 Aug 2023 10:15
Refereed?:
Yes
Published?:
Published
Last Modified:
16 Jul 2024 00:04