Season 4 Ep 4 - Understanding biodiversity in business with EcoVadis

Biodiversity is the foundation of nature’s ability to function, yet it’s vanishing at an alarming rate; so much so that experts call it the sixth mass extinction. With over half of the world’s GDP relying on nature, businesses ignoring this crisis risk major disruptions: biodiversity loss, largely driven by resource extraction and industrial activity, already has major effects on global supply chains and the economy. This week, Felicia chats with Nicole Sherwin, chief impact officer at sustainability intelligence company EcoVadis, about why biodiversity matters for businesses and how a rising tide raises all boats. There is extraordinary potential within nature to tackle climate change and biodiversity loss - and one thing that we can all do is start the conversation.She highlights how biodiversity loss is deeply connected to climate change, supply chain resilience, and social issues such as fair wages. Addressing it requires a holistic approach that integrates environmental, social, and economic factors. Nicole encourages businesses and individuals alike to take action, whether by setting biodiversity policies, embracing sustainable practices, or investing in nature-based solutions.The takeaway? Biodiversity isn’t just about compliance: it’s an opportunity. Companies that lead in conservation will be more resilient, earn consumer trust, and stay ahead of evolving regulations. While the challenge is huge, every effort, big or small, helps reverse biodiversity loss and build a more sustainable future.If you enjoyed this episode, subscribe to our newsletter and follow us on LinkedIn, TikTok and Instagram – and why not spread the word with your friends and colleagues?