Description

“The full range of interactions, resources and relationships related to a reporting entity’s business model and the external environment in which it operates. A value chain encompasses the interactions, resources and relationships an entity uses and depends on to create its products or services from conception to delivery, consumption and end-of-life, including interactions, resources and relationships in the entity’s operations, such as human resources; those along its supply, marketing and distribution channels, such as materials and service sourcing, and product and service sale and delivery; and the financing, geographical, geopolitical and regulatory environments in which the entity operates”. ¹

Value chains are deeply interconnected with biodiversity through their dependencies and impacts on natural resources. Biodiversity supports ecosystem services and many of the raw materials needed in the process, production and distribution of products and services. Value chains can have large direct impacts on biodiversity through resource extraction, land and sea-use change, climate change, invasive alien species and pollution.

TNFD (2003) ¹