Understanding the significance of biodiversity is crucial for businesses to assess their impacts and dependencies on it. This involves evaluating operations, supply chains, and identifying areas of significant impact. Tools like the Biodiversity Strategy Tool Navigator and Biodiversity Landscape Analysis Report can help in this assessment. Calculating the biodiversity footprint is necessary to set measurable targets and track progress. The EcoAct Biodiversity Footprint Calculator can assist in this. Conducting a thorough assessment and engaging in precise calculations contribute to the long-term sustainability of businesses and the planet's health.