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The role of business in developing and delivering an ecosystem approach

This text discusses the importance of ecosystems, with a focus on the role of food retailing from Tesco's perspective. It explores the lessons from history, the impact of ecosystem failures, and the need for healthy ecosystems to sustain business operations. Tesco's approach includes integrating sustainability, supporting local communities, and empowering customers. The text also highlights the need for government support through investment in research and development, reforming the planning system, and creating a favorable fiscal and regulatory framework.

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The role of business in developing and delivering an ecosystem approach

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  1. The role of business in developing and delivering an ecosystem approach Valuing our life support systems: 29 April 2009 Natural Capital Initiative Symposium Lucy Neville-Rolfe Executive Director Corporate & Legal Affairs Tesco Plc

  2. What I will cover • Importance of ecosystems • The role of food retailing: Tesco’s perspective • Our approach

  3. There are lessons from history Sustainable development: development that meets the needs of the present without compromising the ability of future generations to meet their own needs (Bruntland 1987) Ecosystem failures have led to: • Fall of Chinese dynasties • Mass migration • Widespread disease outbreaks

  4. Healthy ecosystems underpin the sustainability of our business … so do our customers and staff Our supply chains depend on it….

  5. … and customers expect us to play our part and to help them play their part too TOP 5 OF 150 REASONS WHY CUSTOMERS CHOOSE A STORE • Price • Range • Availability • Acts in an environmentally friendly way • Ease of getting around the store Source: Brand review

  6. Our role: to integrate sustainability into the DNA of the business • Actively supporting local communities • Buying and selling our products responsibly • Caring for the environment • Giving customers healthy choices • Creating good jobs and careers

  7. Our approach • Emissions reductions • Customer empowerment • Research and partnerships Sustainable Consumption Institute at University of Manchester and Dairy Centre of Excellence at University of Liverpool

  8. What could Government do to help business? • Invest in R&D • Reform the planning system to enable a greater use of renewables • Create the right fiscal and regulatory framework

  9. Conclusions • Healthy ecosystems are critical to a healthy business • Research and innovation is needed • We need to work together

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