Developed in partnership with UNEP’s Division of Technology, Industry and Economics, this publication provides an overview of the impacts and dependencies that business has on biodiversity and ecosystem services and the associated business risks and opportunities. It highlights existing initiatives to address biodiversity and ecosystem services and harness the opportunities this can present. The overall aim is to raise awareness around the main issues, as well as provide a useful reference of existing tools, standards and guidance to support companies wishing to adopt biodiversity-friendly policies and practices. The document covers a wide range of sectors, namely mining, energy, agrifoods, fisheries and aquaculture, construction, forestry, tourism, pharmaceuticals, cosmetics, fashion, and financial services. It covers the business case for companies to manage their impact on biodiversity and includes a range of tools and initiatives available to support companies to engage in biodiversity issues.