Authors:
World Business Council for Sustainable Development Case Study
Publication Date:
2008
Abstract/Summary:
A company’s biodiversity record influences its ability to access land, sea and other natural resources essential for its operations, as well as its ability to obtain both the legal and socialright to operate in an area. It also affects a company’s access to capital and insurance, particularly given that impact on biodiversity loss is increasingly recognized as a material risk for business by investors, financial institutions and insurance companies. For CEMEX, the protection of ecosystem services is fundamental to its ability to be a real conservation player and ensure the continuity of its business. CEMEX’s Santa Maria Ecological Restoration Initiative aims to establish special relationships with key stakeholders, including government, NGOs, educational and research institutions. These relationships allow CEMEX to show its commitment to and respect for ecosystems, ensuring the sustainability of the natural resources needed by the company, ultimately impacting on its image and credibility in terms of environmental activities.
Resource Type:
Technical Document
Source:
World Business Council for Sustainable Development
Link:
http://teebforbusiness.earthmind.net/files/The_Santa_Maria_Ecological_Restoration_Initiative.pdf