<p>The organization of biodiversity conservation is overlooked in the sustainable management literature in business ethics, despite its increasing entanglement with neoliberal forms of governance. Biodiversity Offsetting (BO) is a key instrument in this shift, exemplifying the rise of neoliberal conservation, in which market mechanisms are mobilized to legitimize extractive activities. Existing critiques rightly flag commodification, but remain largely anthropocentric. This article offers a multispecies intersectional critique of BO, drawing on critical ecofeminism and Val Plumwood’s analysis of dualisms. Through this lens, it focuses on BO’s core principles last-resort, ecological equivalence, off-site offsetting, and additionality to show how they background humans and other-than-humans’ lives, incorporate them, displace harms across space, and consolidate instrumentalization. The effect is to render multispecies beings faceless and to obscure alternative relational organizing. This manuscript thus calls for a multispecies ethics perspective on the organization of biodiversity conservation. This perspective challenges the homogenization of ‘nature’ and promotes an alternative ethico-political mode of organizing species’ survival.</p>