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Prospecting Microbial Strains for Bioremediation and Probiotics Development for Metaorganism Research and Preservation
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Improving global environmental management with standard corporate reporting.

Peter M Kareiva1, Brynn W McNally2, Steve McCormick3

  • 1The Nature Conservancy, Seattle WA 98105; pkareiva@tnc.org.

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|June 18, 2015
PubMed
Summary

Multinational corporations can drive sustainable development by integrating environmental costs and benefits into decision-making. Standardized corporate reporting, informed by ecosystem science, is crucial for better environmental outcomes.

Keywords:
ESG reportingcorporate sustainabilityecosystem servicesmultinational corporationsnatural capital

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Area of Science:

  • Ecology
  • Environmental Science
  • Corporate Sustainability

Background:

  • Multinational corporations significantly influence global environmental conditions.
  • Integrating environmental costs and benefits into corporate decision-making offers substantial potential for sustainable development.
  • Current corporate reporting frameworks lack comprehensive, scientifically informed standards for environmental impact assessment.

Purpose of the Study:

  • To advocate for the development of scientifically informed corporate reporting standards.
  • To highlight the need for integrating ecological considerations into business practices.
  • To emphasize the opportunity for ecologists to contribute to corporate sustainability.

Main Methods:

  • The study reviews the role of multinational corporations in environmental impact.
  • It analyzes the potential of integrating environmental costs and benefits into corporate decision-making.
  • It discusses the necessity for scientifically informed reporting standards.

Main Results:

  • Standardized reporting frameworks are needed to address land use, air quality, freshwater, marine habitats, and renewable resources.
  • Advances in ecosystem modeling and understanding ecological thresholds are essential.
  • There is a growing business and financial sector demand for sustainable practices.

Conclusions:

  • Improving corporate reporting requires scientifically informed standards that encompass key ecological factors.
  • Ecosystem science advancements are critical for accurate assessment of corporate environmental impacts and dependencies.
  • The current business climate presents a timely opportunity for ecologists to influence corporate sustainability.