Biodiversity loss is a critical sustainability issue, and companies are beginning to seek
ways to assess their biodiversity performance. Initiatives to date have developed biodiversity
indicators for specific business contexts (e.g., spatial scales—from site, to
product, to regional, or corporate scales); however, many are not widely translatable
across different contexts making it challenging for businesses seeking indicators to
manage their biodiversity performance. By synthesising the steps of common conservation
and business decision-making systems, we propose a framework to support
more comprehensive development of quantitative biodiversity indicators, for a range
of business contexts. The framework integrates experience from existing tried-andtested
conservation frameworks. We illustrate how our framework offers a pathway
for businesses to assess their biodiversity performance and demonstrate responsible
management by mitigating and reversing their biodiversity impacts and sustaining
their dependencies, enabling them to demonstrate their contribution to emerging
global biodiversity targets (e.g., Convention on Biological Diversity post-2020
targets).