Biodiversity indicators are an essential tool for understanding and managing changes in biodiversity. Efforts by the private sector to develop biodiversity indicators have often focussed on measuring biodiversity management actions rather than measuring on the ground changes in the status of, and pressures on, biodiversity. This is largely due to methodological and data challenges.

This document is a report on activities conducted during an initial scoping study to understand how progress might be made within the extractive sector in creating effective indicators to establish corporate biodiversity performance. It summarises the results of an analysis of the needs, drivers and current practice relating to biodiversity indicators within the extractives sector.