BG Group: Corporate biodiversity risk management

Gas tankerTBC helped BG Group to complete a review and gap-analysis of corporate biodiversity policy in view of current and emerging biodiversity and ecosystem service risks. We synthesised the business case, and identified areas for strengthening or streamlining the company approach to align more closely with leading industry practice.

TBC worked with members of BG Group’s Environment and Climate Change and Social Performance teams to review corporate- and asset-level approaches to management of biodiversity and ecosystem service risks. We focused on the company’s goal to align with international best practice. Meetings with senior staff across departments and assets informed the work, allowing us to advise on constraints and opportunities for biodiversity risk management. Our engagement contributed to revisions to the company Environment and Climate Change Standard, a roadmap for early recognition and resolution of risks, and adoption of a more tools-based approach to streamline efforts.