Is it possible for the business world to become a driving force for biodiversity conservation? In Chile, more and more companies are saying yes, and they are doing so with concrete actions.
With a broad representation from the private sector, the first meeting of the Executive Business Committee of the Business Action Plan on Biodiversity was held, a key step in advancing the effective implementation of this ambitious roadmap that seeks to mobilize the productive sector toward an economy that is positive for nature.
The event took place at the Santiago headquarters of the University of Concepción and was attended by 17 leading companies in their sectors: Aguas Andinas, Arauco, AngloAmerican Chile, CAP Group, CMPC, Colbún, Conexión Kimal-Lo Aguirre, Copec, Iansa, Innergex, Kyocera, Nutrisco, SQM Litio, Statkraft, Syngenta, UNACEM, and VSPT Wine Group.
These companies are part of the country’s key economic sectors and have actively committed to being part of the implementation of concrete actions in favor of biodiversity.
During the meeting, new companies announced their adherence to the plan, thus expanding the network of actors committed to biodiversity conservation and restoration, and the first governance guidelines were established, which are essential to ensure effective public-private coordination in the implementation process.
The Business Action Plan for Biodiversity was designed between March and November 2024 through a collaborative process led by the Ministry of the Environment, with support from the Global Environment Facility (GEF), Conservation International, and Business for Nature. Its objective is to mobilize the business sector to reduce its impact on nature, in line with the international commitments of the Kunming-Montreal Global Biodiversity Framework (GBF).
The Plan’s design includes four strategic thematic areas, 25 lines of action, and 30 activities to be developed by 2030, nine of which will begin this year. Notable actions for 2025 include capacity building, the creation of metrics to assess impacts and dependencies, and the adaptation of international standards such as TNFD and SBTN to the Chilean business context.
“The formation of this Executive Committee marks a milestone in the plan’s implementation process. Companies are not only called upon to mitigate their impacts, but also to become key players in the protection and recovery of ecosystems,” said the head of projects at Acción Empresas and leader of the plan.
The active participation of the business sector will be key to meeting global biodiversity goals and continuing to position Chile as a regional leader in promoting an economy that values and respects the limits of nature.
