Ecosystem services provide trillions of dollars of value to the global economy each year – likely on the order of magnitude of global GDP. However, the Millennium Ecosystem Assessment has shown that most ecosystems around the world are in severe decline. All businesses are part of local, regional, and global ecosystems and interact with these ecosystems through impact and dependency. These interactions can exist internally to operations and elsewhere along the product / service life cycle. Impacts can be both positive and negative and many companies are actively seeking to minimize their negative impacts. On the positive side, emerging markets for ecosystem services provide potential business opportunities. Where companies are dependent on diminishing ecosystem services their business value may be at severe risk. Leading companies are taking a proactive stance to effectively manage both their impact and dependence on ecosystem services. There are a growing number of tools to help your company better understand its relationship with ecosystem services. Conducting a Corporate Ecosystem Services Review (CESR, see below) will provide your company with a comprehensive assessment of major risks and opportunities. EcoShift can support your company by conducting a CESR, Corporate Ecosystem Valuation, or Ecosystem Services Benchmark and can guide you towards establishing an ecosystem service action plan. Read more about ecosystem services.