ABSTRACT
The planet is currently experiencing a mass extinction event, with human and business activity being the root cause of species loss and habitat destruction. Industries, companies, banks, investors, accountants and auditors have all played their role. This book explores how they can also provide a solution.
The book presents plans, metrics, frameworks, mechanisms and financial innovations that can be, and are being, implemented through the financial markets in order to save and protect species, enhance biodiversity and, at the same time, preserve the financial markets and the business world.
This biodiversity handbook addresses the intersection between species extinction and the global capitalist system. With contributions from leading non-governmental organisations such as the Capitals Coalition, Business for Nature, the Ecojustice Foundation, ShareAction and the Endangered Wildlife Trust, plus senior researchers in the field, as well as industry experts from Moody’s, EOS at Hermes Federated Investment Management, BlueBay Asset Management, ODDO BHF Asset Management and OSSIAM (to mention just a few), this book is at the forefront of addressing the crucially important topics of extinction accounting, finance and governance.
Drawing on leading research, the book is written in an accessible style and is relevant to researchers and students in the fields of sustainability, governance, accounting, finance, corporate social responsibility and corporate governance. It is essential reading for investors, responsible investors, bankers, business leaders and policy makers in the field of sustainable financial markets. Given the interdisciplinary nature of this book, it is useful to conservationists, ecologists and others involved in species and biodiversity protection.
TABLE OF CONTENTS
chapter |10 pages
Introduction
part I|67 pages
Defining Extinction Governance, Extinction Accounting and Extinction Finance
chapter 1|43 pages
Extinction Accounting, Finance and Engagement
chapter 2|22 pages
Extinction Governance
part II|148 pages
The Urgent State of Nature
chapter 3|8 pages
Business, Extinction and the Future of Species
chapter 6|24 pages
Oil Palm Industry and Biodiversity Loss
chapter 7|29 pages
Cultural and Religious Aspects of Extinction Governance in the Middle East
part III|209 pages
Extinction Finance
chapter 12|15 pages
From Active to Passive
chapter 17|11 pages
The Wildlife Conservation Bond
chapter 18|20 pages
Exploring a Mechanism with Emancipatory Potential for ‘Business and Biodiversity’ in China
chapter 19|8 pages
The Investors' Policy Dialogue on Deforestation (IPDD) Case Study
part IV|78 pages
Extinction Engagement
chapter 24|10 pages
Biodiversity Loss and Its Impact
chapter 26|34 pages
Revealing Plato's ‘Shadow Kingdom’
part V|34 pages
Extinction Accounting
chapter 28|7 pages
The Biodiversity Disclosure Project
chapter 29|19 pages
Research Methods
part VI|19 pages
Reflections and Conclusion