International Day for Biological Diversity 2024: Sands Mobilizes to Further Reduce Its Impact on Natural Ecosystems

NORTHAMPTON, MA / ACCESSWIRE / May 23, 2024 / Las Vegas Sands

On May 22, the United Nations observes International Day for Biological Diversity 2024, which calls for respecting, protecting and repairing the planet's biological wealth. Created in 1993, one of the UN's current goals for this observance is to draw attention to the Kunming-Montreal Global Biodiversity Framework, a historic agreement signed in December 2022 that sets goals and concrete measures to stop and reverse the loss of nature by 2050.

The UN estimates that three-quarters of the land-based environment and about 66% of the marine environment have been significantly altered by human actions. Additionally, one million animal and plant species are now threatened with extinction. While preserving biodiversity is critical to protecting the environment and natural habitats, these efforts also have a direct impact on humans, as fish provide 20% of animal protein to nearly three billion people and over 80% of the human diet is provided by plants.

Preserving biodiversity is a priority for the Sands ECO360 global sustainability program, which has spearheaded initiatives in this area as part of water stewardship, sustainable sourcing and nature conservation initiatives. Sands currently is coalescing these efforts under a coordinated biodiversity strategy that focuses on three areas: deforestation prevention, ocean health and nature conservation.

"Defining a unified biodiversity strategy is a top priority for our 2021-2025 planning and reporting cycle, and our efforts have centered on gaining a deeper understanding of the impacts of our direct operations and supply chain to further advance meaningful opportunities to protect the natural world," Katarina Tesarova, senior vice president and chief sustainability officer, said.

"Because protecting the natural world is an essential facet of our environmental goals, we are building on our foundational initiatives by exploring new ways to make impact and defining the metrics on which we measure our performance."

Preventing Deforestation

Over the past year, Sands has sought to increase its understanding of ways to prevent deforestation and define its efforts in this area by tapping a trusted partner to help guide its work.

In 2023, Marina Bay Sands in Singapore engaged the World Wildlife Fund (WWF), a non-governmental organization that works to preserve wilderness and reduce human impact on the environment, to review its procurement activity and evaluate its supply chain for deforestation hot spots created by commodities such as beef, palm oil, timber, coffee and cocoa. The assessment is increasing understanding of potential biodiversity impacts and dependencies.

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