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Corporate accountability for biodiversity and species extinction: Evidence from organisations reporting on their impacts on nature

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  • Abeer Hassan
  • Lee Roberts
  • Kimberly Rodger

Abstract

The aim of this paper is to investigate to what extent organisations disclose on accountability for biodiversity and species extinction (B/E). We present some examples of what disclosure looks like from forward‐thinking companies that have been engaging in tremendous efforts to protect and preserve nature. Our justification for this paper is to provide guidance and encourage other companies to disclose transparently. We believe that B/E accountability is essential in post Covid‐19 reporting as the lack of valuing, promoting and investing in biodiversity is considered to be one of the main drivers of the Covid‐19 pandemic. The study's sample is the Top 200 companies from the Fortune Global with the years 2012, 2014 and 2016 and companies' websites in 2019. We believe that our paper is providing some guidance on how to repair nature and eliminate biodiversity loss. This is because organisations are reliant on natural capital resources for survival. Also, biodiversity loss and extinction can significantly affect social, economic and financial viability for survival. Our results have some implications for practitioners, policymakers and academics.

Suggested Citation

  • Abeer Hassan & Lee Roberts & Kimberly Rodger, 2022. "Corporate accountability for biodiversity and species extinction: Evidence from organisations reporting on their impacts on nature," Business Strategy and the Environment, Wiley Blackwell, vol. 31(1), pages 326-352, January.
    • Handle: RePEc:bla:bstrat:v:31:y:2022:i:1:p:326-352
    DOI: 10.1002/bse.2890
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    Cited by:

    1. Blanco-Zaitegi, Goizeder & Álvarez Etxeberria, Igor & Moneva, José M., 2024. "Impression management of biodiversity reporting in the energy and utilities sectors: An assessment of transparency in the disclosure of negative events," Journal of Behavioral and Experimental Finance, Elsevier, vol. 42(C).
    2. Drago, Carlo & Fortuna, Fabio, 2023. "Investigating the Corporate Governance and Sustainability Relationship: A Bibliometric Analysis Using Keyword-Ensemble Community Detection," FEEM Working Papers 336985, Fondazione Eni Enrico Mattei (FEEM).
    3. Talbot, David & Barbat, Guillaume & Boiral, Olivier & Ordonez-Ponce, Eduardo, 2023. "Failure to consider environmental risk: The case for biodiversity impact disclosure in the electricity sector," Utilities Policy, Elsevier, vol. 85(C).
    4. Yangxueyi Hu & Abeer Hassan & Sehrish Atif, 2024. "Examining the Interplay between CEPSA’s ESG Performance and Financial Performance: An Overview of the Energy Sector Transformation," Sustainability, MDPI, vol. 16(7), pages 1-28, March.
    5. Lee Roberts & Nikoletta Georgiou & Abeer Mohamed Hassan, 2023. "Investigating biodiversity and circular economy disclosure practices: Insights from global firms," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(3), pages 1053-1069, May.

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