Vision
Indian businesses value, conserve, restore and wisely use biodiversity, maintaining ecosystem services, sustaining a healthy planet, and delivering benefits essential for all people.
Mission
Encourage businesses to measure, monitor, and reduce nature and biodiversity related risks, dependencies and impacts along their operations, supply and value chains, and portfolios.
Facilitating collaboration among businesses, governments, and stakeholders to promote an ecosystem-based approach for nature and biodiversity conservation.
Support Government of India in meeting global and national commitments on biodiversity conservation.
Showcasing business champions and best practices on biodiversity conservation.
Developing enabling policy and financing mechanisms for the implementation of ecosystem-based approaches and biodiversity conservation by businesses.
IBBI Declaration
It represents a commitment by businesses participating in the India Business & Biodiversity Initiative to align their operations with the Kunming-Montreal Global Biodiversity Framework (The Biodiversity Plan) and endeavour to operate in harmony with nature. This declaration outlines a series of actionable steps to integrate biodiversity considerations into business practices.
Assess, measure, and monitor biodiversity-related risks and opportunities across the business value chain, product, and service lines.
Set measurable targets to manage and reduce biodiversity-related risks within own operations and across the supply chain.
Develop an integrated action plan for biodiversity risk management and nominate a Biodiversity Champion.
Adopt ecosystem-based approaches to address the biodiversity-related risk.
Create awareness on biodiversity conservation among employees, value chain partners and stakeholders.
Adapt mechanisms for Access and Benefit Sharing (ABS) of biological resources with stakeholders.
Voluntary disclosures on actions taken for biodiversity-related risks and opportunities management.
Document case studies on biodiversity-risk management and biodiversity conservation.
Assess, measure, and monitor biodiversity-related risks and opportunities across the business value chain, product, and service lines.
Set measurable targets to manage and reduce biodiversity-related risks within own operations and across the supply chain.
Develop an integrated action plan for biodiversity risk management and nominate a Biodiversity Champion.
Adopt ecosystem-based approaches to address the biodiversity-related risk.
Create awareness on biodiversity conservation among employees, value chain partners and stakeholders.
Adapt mechanisms for Access and Benefit Sharing (ABS) of biological resources with stakeholders.
Voluntary disclosures on actions taken for biodiversity-related risks and opportunities management.
Document case studies on biodiversity-risk management and biodiversity conservation.
IBBI Members
Business Signatories
Stakeholder Organisations
Business Network Members
Dr. Praveer Sinha
Chairman, IBBI
CEO & MD, Tata Power Company Limited
“Biodiversity forms the foundation of life on Earth, yet we are witnessing its alarming decline due to the degradation of nature. Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES) notes that an average of 25% species are threatened globally, translating to ~1mn species facing extinction in the coming decades. Lack of timely action will further exacerbate this problem which is already at an all-time high.
In response, 196 nations have united under the Convention on Biological Diversity’s Global Biodiversity Framework (The Biodiversity Plan), a bold plan to halt and reverse nature loss by 2030 and achieve a future where humanity lives in harmony with nature by 2050. Achieving this vision requires a whole-of-society approach, with businesses playing a pivotal role, as their operations, supply chains, products, and services are intrinsically linked to biodiversity and its vital ecosystem services.
The India Businesses and Biodiversity Initiative (IBBI), initiated by MoEFCC and anchored at CII is focused on helping businesses in India align their operations with the Kunming-Montreal Global Biodiversity Framework by embedding biodiversity conservation and ecosystem restoration into the core of business decision making. IBBI Members are leading the charge to ensure that industry plays a key role in the global effort to secure a future where both nature and the economy can thrive. The time to act is now, and this collective commitment, especially from Indian businesses, is crucial to achieving these ambitious targets.”
IBBI’s Commitment to The Biodiversity Plan
The Biodiversity plan
For Life on Earth
In 2024, IBBI celebrates 10 years of fostering business leadership in biodiversity. With a renewed vision and mission aligned with The Biodiversity Plan, IBBI continues to encourage Indian businesses to contribute to the implementation of The Biodiversity Plan, address biodiversity risks, and promote sustainable, nature-positive practices.
IBBI at CBD COP16
COP16
COLOMBIA
Paz con la Naturaleza
IBBI is pleased to announce its participation at COP16 to support global biodiversity goals and share insights from Indian businesses on the path toward a nature-positive future.
At COP16, IBBI will focus on key areas that empower businesses to lead in biodiversity conservation. This includes developing a roadmap for implementing The Biodiversity Plan, launching campaigns for ecosystem restoration and species conservation, promoting nature-related risk assessments and transparent disclosures, driving increased business investment in biodiversity, and supporting Access and Benefit Sharing (ABS) for the commercial use of biological resources. These initiatives aim to align business practices with global biodiversity goals and foster sustainable, nature- positive outcomes.
COP16 marks a pivotal moment as the first COP since the adoption of the Kunming- Montreal Global Biodiversity Framework (KMGBF). Representatives from nearly 190 countries will gather to review progress in implementing the Plan, aligning National Biodiversity Strategies and Action Plans (NBSAPs), and advancing resource mobilization.
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