This document introduces STAR, a biodiversity metric for quantifying the potential reduction in species extinction risk from conservation actions. STAR scores are calculated based on the number of threatened species present in an area and what proportion of each species' habitat exists there. The document discusses how STAR can be used to set targets, prioritize investments, and measure the impacts of policies and projects on threatened species biodiversity. Examples are given showing how STAR scores could guide conservation planning and targeting of actions to most effectively reduce extinction risk.