At the invitation of the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety, TUI AG joined the newly founded Business & Biodiversity Initiative in May 2008. This initiative, coordinated by GIZ, the German Society for International Cooperation, aims to achieve stronger integration of the private sector in achieving the goals of the Convention on Biodiversity (CBD) for the worldwide protection of species.
TUI, having signed a leadership declaration at the 9th UN Conference on Biological Diversity (CBD) is commited to sustainable development as well as supporting biodiversity projects. As such we will be supporting the convention goals and integrate the protection of biodiversity into our business processes.
Leadership Declaration
All signatory companies acknowledge and support the Convention’s three objectives:
- Conservation of biological diversity
- Sustainable use of its components
- Fair and equitable sharing of the benefits that arise out of the utilization of genetic resources
Signatory companies furthermore commit themselves to:
- Analyze corporate activities with regard to their impacts on biological diversity.
- Include the protection of biological diversity within their environmental management system, and develop biodiversity indicators.
- Appoint a responsible individual within the company to steer all activities in the biodiversity sector and report to the Management Board.
- Define realistic, measurable objectives that are monitored and adjusted every 2 to 3 years.
- Publish activities and achievements in the biodiversity sector in the company’s annual, environmental, and/or corporate social responsibility report.
- Inform suppliers about the company’s biodiversity objectives and integrate them accordingly.
- Explore the potential for cooperation with scientific institutions, non-governmental organizations (NGOs) and/or governmental institutions with the aim of deepening dialogue and continuously improve the corporate management system vis-à-vis the biodiversity domain.