Journal article : Review
A scoping review of determinants of business engagement with biodiversity
- Abstract:
- Corporate biodiversity engagement is rising on the international agenda because companies not only face increasingly apparent biodiversity-related risks and dependencies, but also contribute to, and have the potential to mitigate biodiversity loss through their practices and investments. This scoping review maps the current literature on the determinants of business engagement with biodiversity, outlining motivations, barriers, actions, and financial instruments from 100 studies based on 26,096 records published between 2000 and 2023, following Preferred Reporting Items for Systematic Reviews and Meta-Analyses extension for scoping reviews guidelines. Findings reveal that companies are driven by multifaceted factors, with economic motivations including operational management and profitability frequently recorded. Regulatory frameworks motivate corporate engagement through legislation compliance while posing challenges due to regulatory uncertainty and inconsistent policies. While various financial mechanisms exist, further research is needed to explore innovative funding structures to upscale business investment. We call for empirical, context-specific studies on biodiversity monetization mechanisms.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
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(Preview, Version of record, pdf, 2.3MB, Terms of use)
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- Publisher copy:
- 10.1002/csr.3249
Authors
+ European Commission
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- Funder identifier:
- https://ror.org/00k4n6c32
- Grant:
- 101036849
- Publisher:
- Wiley
- Journal:
- Corporate Social Responsibility and Environmental Management More from this journal
- Volume:
- 32
- Issue:
- 4
- Pages:
- 5540-5556
- Publication date:
- 2025-05-26
- Acceptance date:
- 2025-05-03
- DOI:
- EISSN:
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1535-3966
- ISSN:
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1535-3958
- Language:
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English
- Keywords:
- Subjects:
- Subtype:
-
Review
- Pubs id:
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2122083
- Local pid:
-
pubs:2122083
- Deposit date:
-
2025-05-06
Terms of use
- Copyright holder:
- Liu et al
- Copyright date:
- 2025
- Rights statement:
- © 2025 The Author(s). Corporate Social Responsibility and Environmental Management published by ERP Environment and John Wiley & Sons Ltd. This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made.
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