NEWS

Release of “Business and Biodiversity in India: 20 Illustrations” at the 12th COP CBD in Republic of Korea

14-Oct-2014

The 12th Meeting of the Conference of the Parties (COP) to the Convention on Biological Diversity (CBD) in Pyeongchang, Republic of Korea has brought together multiple stakeholders in the biodiversity field. Since the COP 10 business has been increasingly engaging in the CBD by means of forming the Global Partnership for Business and Biodiversity (GPBB). India too is represented at the GPBB through India Business & Biodiversity Initiative (IBBI), chaired by Mr R Mukundan, Managing Director, Tata Chemicals Limited.

On invitation by the Indian Ministry of Environment, Forests & Climate Change (MoEFCC), Government of India, the CII-ITC Centre of Excellence for Sustainable Development is hosting IBBI with the support of German Development Cooperation through GIZ. Launched on the occasion of International Day for Biological Diversity on 22nd May 2014 in New Delhi, the IBBI serves as a national platform of business and its stakeholders for dialogue, sharing and learning, ultimately leading to mainstreaming sustainable management of biological diversity into businesses.

On the sidelines of CBD COP 12, the IBBI launched the publication “Business and Biodiversity in India: 20 Illustrations”. The report features initiatives of 20 companies across diverse sectors – mining, construction, manufacturing, IT, finance, energy, chemicals and agri-business – in biodiversity management within their operations and through their CSR activities. The report was launched by Mr Hem Pande, Additional Secretary, MoEFCC. “It is a pleasure to have business spearheading this initiative as biodiversity and natural resources are essential for all businesses. This report is a valuable attempt to showcase the work being done by Indian businesses on biodiversity”, noted Mr Pande.

The Chairman of IBBI Mr R Mukundan, Managing Director, Tata Chemicals Limited emphasised the need to build a movement around mainstreaming biodiversity into business. He said that simple tools to assess the impacts on biodiversity are needed so that even SMEs could join this initiative. The IBBI signatories ITC Limited and Tata Steel Limited presented their initiatives in conservation and sustainable use of biodiversity at the side event.

14th October 2014

Pyeongchang, Republic of Korea


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