Biodiversity is both a policy challenge, requiring clear guidelines, and a management issue, as businesses contribute to biodiversity loss and must develop strategies to address it. Despite growing attention, biodiversity research within management studies remains underexplored. In the broader science-policy interface, biodiversity has emerged as a complex mega-category encompassing diverse topics and values. In this article, we observe latent constructs present within management studies articles and policy documents, deepening our understanding of the types of biodiversity categories management studies and the policy sphere have framed as relevant to date. Specifically, we uncover categories that are in consistent use in both domains, and those that are missing from one domain but important in another. Based on prior understanding of primary strengths and weaknesses in our field, we propose a future research agenda toward opportunities in novel empirical research and theory development for biodiversity in management studies.