Yesterday was the day to take urgent climate and biodiversity actions. We are in an emergency, and it is getting late.
The world is getting closer to understanding the need to do everything Carbon-Neutral. Although, we are well behind on embracing the concept of doing things Nature-Neutral. It is a simple equation. We must pay back the Planet every time we use natural resources. It is known as Biodiversity Compensation.
All industrial activities must embrace Biodiversity Compensation. The building industry already did it. Under the principle that the most important step is to avoid biodiversity impacts, developers commit to minimizing the impact when it cannot be avoided. The last resort is to restore ecological functions elsewhere, ideally achieving a net gain for biodiversity. As a result, 42 countries have made biodiversity compensation a regulatory requirement, and 66 countries have established other strategies for compensation. The building industry has the advantage that the avoiding, minimizing, and restoring actions are visible early in the project and the costs flow directly into the project’s P&L. Unlike a building project, goods consumption would demand a recurrent cost to do Biodiversity Compensation, driving price increases and impacting everyday people pockets. Mandatum found a way to do it without impacting the financials of merchants and consumers.
Our idea of Biodiversity Compensation in e-commerce requires merchants to pledge to minimize biodiversity impact with product design and during the supply chain process. As a restoration for the natural resources used, merchants take environmental actions via the conservation of forests and oceans to pursue nature-neutrality. Mandatum has worked on making Biodiversity Compensation in e-commerce a reality for the last 11 months. Our focus is on the supply chain process. Our business approach enables consumers to pay back the Planet for natural resources used on goods they purchase with a costless and no-brainer solution at the point of sale. Since the concept revolves around sustainability, merchants also benefit by improving profitability and enhancing their operations.
We are changing e-commerce forever to embrace Biodiversity Compensation. And we are making it in an economically viable way.
Mandatum boosts profits for DTC merchants, savings for consumers, and life on the Planet for the common benefit.The Nature-Positive App by mandatum: Shoppify app.
Feel free to schedule a short consultation with our CEO/Supply Chain experts for a quick onboarding on how to enhance your operation without impacting your budget: Schedule.
