The Aligning Biodiversity Measures for Business initiative seeks to form a common view among key stakeholders on the measurement, monitoring and disclosure of corporate biodiversity impacts. Doing so will encourage the development and uptake of credible indicators and drive improved corporate performance. This discussion paper reviews the drivers and frameworks and current practice around corporate disclosure on biodiversity and investigates the role of biodiversity measurement approaches as part of future disclosure for informing global policy targets. It is based on a limited literature review and discussions with government representatives in Brazil, China, France, the Netherlands, South Africa and the United Kingdom. The final document will be submitted as an information document into the Convention on Biological Diversity (CBD) negotiation process to brief policy makers on the current status of corporate biodiversity reporting.