This thesis investigates the intricate relationship between biodiversity and businesses within the regulatory realm. The study will specifically look into new compliances imposed by international organisations such as The Kunming-Montreal Global Framework for Biodiversity, the Biodiversity strategy for 2030 in the European Green Deal and the upcoming Corporate Sustainability Reporting Directive. A meticulous literature review and thorough semi-constructed interviews were conducted and combined in the analysis. The research applies an Institutional theory framework and aims to seek the implications of institutional pressures. Furthermore, findings suggest collaboration and the use of external actors such as consultants are of importance in adaption. Challenges found highlight the need for standardised measurements, assistance to handle data and the lack of economic incentives. This study provides insightful findings in understanding how the current and upcoming biodiversity compliance affects businesses in Europe. Future research should focus on specific industry sectors, regions, and business sizes, investigate the dialogue between businesses and regulators, explore how businesses impact their external environment, and examine how they navigate new and unclear regulations.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:hj-64654 |
| Date | January 2024 |
| Creators | Schmid, Ida, Laine, Vilma |
| Publisher | Jönköping University, Internationella Handelshögskolan |
| Source Sets | DiVA Archive at Upsalla University |
| Language | English |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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