Linking forest ecosystem services to corporate sustainability disclosure: A conceptual analysis

Despite the increasing awareness of corporate dependencies and impacts on ecosystems, and related business risks and opportunities, scientific and corporate-based information on these issues is lacking. In our paper we (1) summarise results of a literature review of the impacts and dependencies of plantation-based forestry on ecosystem services; (2) identify the existing and missing links between the corporate sustainability indicators and the ecosystem services framework; and (3) propose a set of possible ecosystem services indicators for corporate sustainability reporting. We particularly focus on the catalytic role of the Global Reporting Initiative (GRI) indicators framework for integrating the ecosystem services approach into corporate sustainability reporting. Finally, we discuss how an ecosystem services approach could benefit future sustainability reporting practices in the context of the forest sector, especially in relation to existing gaps and challenges.