{
  "abstract": "Transformative changes in our production and consumption habits are needed to halt biodiversity loss. Organizations are the way we humans have organized our everyday life, and much of our negative environmental impacts, also called carbon and biodiversity footprints, are caused by organizations. Here we explore how the activity data of any organization can be exploited to develop integrated carbon and biodiversity footprints. As a metric we utilize spatially explicit potential global loss of species across all ecosystem types and argue that it can be understood as the biodiversity equivalent. The utility of the biodiversity equivalent for biodiversity could be like what carbon dioxide equivalent is for climate. We provide a global country-specific dataset that organizations, experts and researchers can use to assess biodiversity footprints of human activities. We also argue that the current integration of financial and environmental accounting is superficial, and provide a framework for a more robust financial value-transforming accounting model. To test the methodologies, we utilized a Finnish university as a living lab. Assigning an offsetting cost to the footprints significantly altered the financial value of the organization. We believe such value-transforming accounting is needed to draw the attention of senior executives and investors to the negative environmental impacts of their organizations.",
  "abstract_shown": true,
  "affiliations": [
    "School of Business and Economics, University of Jyväskylä, P.O. Box 35, N40014, Jyvaskyla, Finland",
    "School of Resource Wisdom, University of Jyväskylä, Seminaarinkatu 15, P.O. Box 35, N40014, Jyvaskyla, Finland",
    "Department of Biological and Environmental Science, University of Jyväskylä, P.O. Box 35, N40014, Jyvaskyla, Finland",
    "Division of Policy and Planning, University of Jyväskylä, P.O. Box 35, N40014, Jyvaskyla, Finland"
  ],
  "article_type": null,
  "arxiv": null,
  "author_total": 7,
  "authors": [
    {
      "affs": [
        0,
        1
      ],
      "name": "Sami El Geneidy",
      "orcid": "0000-0003-4408-5256"
    },
    {
      "affs": [
        2,
        1
      ],
      "name": "Maiju Peura",
      "orcid": "0000-0002-8423-6349"
    },
    {
      "affs": [
        3
      ],
      "name": "Viivi-Maija Aumanen"
    },
    {
      "affs": [
        0,
        1
      ],
      "name": "Stefan Baumeister",
      "orcid": "0000-0002-7197-2662"
    },
    {
      "affs": [
        2,
        3,
        1
      ],
      "name": "Ulla T. Helimo",
      "orcid": "0009-0003-3953-5352"
    },
    {
      "affs": [
        2,
        1
      ],
      "name": "Veera Vainio",
      "orcid": "0000-0003-0272-0055"
    },
    {
      "affs": [
        2,
        1
      ],
      "name": "Janne Sakari Kotiaho",
      "orcid": "0000-0002-4732-784X"
    }
  ],
  "bibtex": "https://research.draconitic.com/paper/db59jvpdxbn28.bib",
  "cited_by": 19,
  "doi": "10.1007/s44498-026-00151-8",
  "fulltext_url": null,
  "id": "db59jvpdxbn28",
  "issns": [
    "1088-1980",
    "1530-9290"
  ],
  "landing_url": "https://doi.org/10.1007/s44498-026-00151-8",
  "language": "en",
  "licence": "CC-BY",
  "licence_label": "CC BY",
  "licence_source": "journal",
  "licence_url": "https://creativecommons.org/licenses/by/4.0/",
  "metadata_licence": null,
  "native_subjects": [
    [
      "openalex",
      "2305|Environmental Impact and Sustainability"
    ]
  ],
  "openalex": "W4387076377",
  "pdf_url": "https://link.springer.com/content/pdf/10.1007/s44498-026-00151-8.pdf",
  "pmcid": null,
  "pmid": null,
  "published": "2026-08-03",
  "publisher": "Wiley",
  "ris": "https://research.draconitic.com/paper/db59jvpdxbn28.ris",
  "sources": [
    {
      "first_seen": "2026-10-30T13:26:58Z",
      "native_id": "W4387076377",
      "source": "openalex",
      "url": "https://doi.org/10.1007/s44498-026-00151-8"
    }
  ],
  "subjects": [
    {
      "field": "earth",
      "origin": "openalex:2305|Environmental Impact and Sustainability",
      "subfield": "environmental-science"
    }
  ],
  "title": "Value-transforming financial, carbon and biodiversity footprint accounting",
  "title_text": "Value-transforming financial, carbon and biodiversity footprint accounting",
  "type": "peer-reviewed",
  "updated_at": "2026-11-05T13:21:10Z",
  "url": "https://research.draconitic.com/paper/db59jvpdxbn28",
  "venue": "Journal of Industrial Ecology",
  "versions": []
}