Sourcing botanicals with respect for people & biodiversity
A guidance on trends and good practices for companies sourcing botanicals
What’s inside
Executive summary
The importance of botanicals for biodiversity and people
Opportunities for improved sourcing of botanicals
Call to action: towards ethical sourcing of botanicals
Extract:
Biodiversity is high on the corporate agenda and the loss of biodiversity is a significant concern among consumers. At the same time, a new global framework on biodiversity is set to galvanise action across public and private sectors.
Companies are working to understand and measure the impact and dependencies on biodiversity. Increasingly, companies are looking at how their raw materials and supply chains can contribute to restoring nature and improving livelihoods.
Botanicals, biodiversity-derived raw materials used as strategic ingredients in high-value sectors from natural pharmaceutical and flavor and fragrance to beauty, and herbs and spices, are an essential part of the biodiversity agenda.
UEBT research shows 1) the high biodiversity importance of botanicals and the ecosystems in they grow, 2) their key role in the livelihoods of local and often marginalized people around the world, and 3) the remaining biodiversity risks and challenges in botanicals, coupled with opportunities for positive impact.
Document type: Publication
Date: 2022
Sourcing botanicals with respect for people & biodiversity