Director Handbooks

The Growing Spotlight on Biodiversity: Why Boards Should Pay Attention

By NACD Staff

04/11/2023

Climate Risk Biodiversity Director’s Handbook

Biodiversity loss, or the depletion of variability of life, is occurring at rates never before seen in human history. While climate change has recently been at the forefront of boardroom environmental, social, and governance (ESG) discussions, it is critical that boards understand the connection between the climate crisis and biodiversity loss.

Climate change is a huge catalyst for biodiversity loss, yet at the same time, biodiversity loss has only further exacerbated climate change. Given the relationship between the two, companies and their boards must align climate-related goals with solutions to biodiversity loss.

This boardroom tool outlines key issues for boards to consider around on biodiversity loss and how organizations can align biodiversity targets with their broader climate goals.

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