This study examines biodiversity reporting by UK‐listed companies. An instrument is developed, based on earlier research, and used to analyse biodiversity‐related disclosures as either policy considerations or actions taken to conserve biodiversity. A mixed design is employed. The extent of reporting, information content of disclosures and their readability are used to provide an overarching perspective on how firms internalise biodiversity. Outliers are identified and their reports are examined interpretively to identify how leading reporters understand biodiversity as a policy imperative and factor it into their operational and managerial performances. This qualitative analysis highlights best practices that can be used by other entities interested in developing the accounting and management infrastructure necessary for reporting comprehensively on biodiversity. Best practices are, however, isolated and stand in stark contrast with how organisations are dealing with biodiversity on average. At the policy level, there is little on how biodiversity is defined and the rationale for wanting to protect biodiversity. When it comes to performance, few organisations are setting detailed biodiversity‐related targets linked clearly to operational plans, risk assessments and key performance indicators. Post‐implementation reviews of conservation initiatives are seldom conducted and biodiversity is not being factored into valuations, cost assessments and project appraisals. Understanding these limitations is timely given the international community's recent efforts to develop standards for extra‐financial reporting. The results will be relevant for regulators, scholars and practitioners interested in advancing the quality of biodiversity reporting and factoring biodiversity into mainstream business discourses.

中文翻译：

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英国上市公司的生物多样性报告：对披露的范围、内容和可读性的审查


本研究考察了英国上市公司的生物多样性报告。根据早期研究开发了一种工具，用于分析与生物多样性相关的披露，作为政策考虑或为保护生物多样性而采取的行动。采用混合设计。报告的范围、披露的信息内容及其可读性用于提供有关企业如何内部化生物多样性的总体视角。识别异常值并对他们的报告进行解释性审查，以确定主要报告者如何将生物多样性理解为一项政策要求，并将其纳入其运营和管理绩效。这一定性分析强调了有兴趣开发全面报告生物多样性所需的会计和管理基础设施的其他实体可以使用的最佳做法。然而，最佳实践是孤立的，并且与组织处理生物多样性的平均方式形成鲜明对比。在政策层面，几乎没有关于如何定义生物多样性以及想要保护生物多样性的理由。在绩效方面，很少有组织制定与运营计划、风险评估和关键绩效指标明确挂钩的详细的生物多样性相关目标。很少对保护举措进行实施后审查，生物多样性也没有被纳入估值、成本评估和项目评估中。鉴于国际社会最近努力制定非财务报告标准，了解这些限制是及时的。 研究结果对于有兴趣提高生物多样性报告质量并将生物多样性纳入主流商业讨论的监管机构、学者和从业者具有重要意义。