Episode 2

Business and Biodiversity with Ximena Rueda

No business operates independently of nature. This interconnectedness is too often overlooked in business and business education, but understanding it can open up powerful new opportunities.

Our guest on this episode of The Global Exchange is Ximena Rueda, Dean of the School of Management at Universidad de los Andes and visiting professor at Stanford's Center for Food Security and the Environment. Ximena shares insights from her three years as co-chair of the IPBES Business and Biodiversity Assessment, a landmark report that offers a framework for how companies can measure and manage their impact on the natural world.

The conversation covers the economics of ecosystem services, why biodiversity is far more complex to measure than carbon emissions, and how businesses should approach community engagement. From rethinking value chains and supplier relationships to unlocking new business models rooted in sustainability, Ximena walks through the actions available to businesses today and reflects on the importance of recovering a sense of societal purpose for the next generation of business leaders.

View a transcript of the episode.

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Global Business School Network

Business schools do much more than educate managers and entrepreneurs. They have the power to help improve the world. Engaging through the Global Business School Network helps them achieve that together.

Our mission is to empower business schools worldwide to work together to strengthen the contributions of management education to the development needs of society.

GBSN engages the entire business school through opportunities to work together to address local and global development needs. As part of the network, schools can:

- Invite their students to address societal challenges by building new business concepts, applying logistics knowledge, empowering SMEs to trade, and solving sustainability problems for communities. GBSN competitions, experiential programs, and fellowships connect hundreds of students across borders to work and learn together through real-world challenges.

- Join faculty colleagues from around the world to transform education for society, accelerate business development, develop experiential learning skills, mentor student teams, judge competitions, and more. GBSN offers opportunities to join existing programs and communities as well as the space to co-create new initiatives with peers who share your passion for impact.

- Develop meaningful relationships with other leaders across business schools, disciplines, and multiple sectors to exchange best practices, share resources, and nurture new opportunities. GBSN cultivates connections that lead to research collaborations, curriculum enhancements, and initiatives that strengthen the contributions of management education to the development needs of society.