On 22nd May 2014 IBBI embarked on a journey to raise awareness and capacity on natural capital among its member companies. Now after one year of its launch, IBBI releases its second publication “Bridging Business and Biodiversity: Innovative Approaches”, which focuses on a step-wise process for companies to understand the business impacts and dependencies on biodiversity and ecosystem services (B&ES). The report highlights concept of natural capital and its relation with B&ES, it familiarises with the global platforms for natural capital and also IBBI’s part in it. It introduces the various tools incubated by IBBI for companies to help them identify direct and indirect impacts (both positive and negative). And finally, the best practices adopted and benefits accrued in relation to B&ES by six companies who are part of IBBI program.