Asset managers launch biodiversity module that shows portfolio impact on extinction risk

New module aims to drive sustainable finance

Pedro Gonçalves
clock • 3 min read
The new module will allow banks to analyse the impact of their financing and investment activities in agriculture and mining on biodiversity loss
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The new module will allow banks to analyse the impact of their financing and investment activities in agriculture and mining on biodiversity loss

Federated Hermes, BNP Paribas AM and Natixis are among 30 financial institutions that have taken a pioneering role in the development of a biodiversity module that will allow investors to assess the potential impact of their financing in agriculture and mining on biodiversity loss.

The ENCORE biodiversity module was launched today (26 May) by the Natural Capital Finance Alliance, a collaboration between the UN Environment Programme World Conservation Monitoring Centre, the UN Environment Programme Finance Initiative and Global Canopy. It will allow banks and investors to analyse the impact of their financing and investment activities in agriculture and mining on biodiversity loss, in particular species extinction and the loss of ecological integrity. Analysis using the module suggests that 50% of the mining sector's potential for reducing species extinction risk...

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