The Finance for Biodiversity Foundation, in collaboration with the Finance@Biodiversity Community, developed the “Guide on Engagement with Companies,” launched in April 2022. This resource is tailored for financial institutions aiming to engage with companies on biodiversity matters.
The guide is designed for financial professionals and institutions seeking to integrate biodiversity considerations into their investment and financing decisions. It serves as a practical tool for those looking to understand and mitigate biodiversity-related risks within their portfolios.
For finance professionals, the guide offers:
- Structured engagement frameworks: It provides templates and methodologies to systematically approach biodiversity engagement with investee companies.
- Risk mitigation strategies: By outlining how to address biodiversity risks, the guide aids in safeguarding investments from potential environmental liabilities.
- Collaborative opportunities: It highlights existing collaborative engagements, enabling professionals to join collective efforts in promoting biodiversity.
- Voting guidance: The guide discusses using voting as a tool to influence corporate biodiversity practices, offering insights into integrating biodiversity considerations into voting agendas.
Incorporating the guide’s recommendations can enhance a financial institution’s environmental, social, and governance (ESG) performance, aligning investment practices with global biodiversity goals.