The Global Impact Database (GID) Biodiversity Impact Data is a quantitative tool developed by the Impact Institute, a Dutch organisation specialising in impact measurement and management. This dataset is designed for financial professionals, including asset managers, banks, and investors, aiming to assess and manage the biodiversity impacts of their portfolios and investments.
The GID Biodiversity dataset offers comprehensive insights into the biodiversity impacts and dependencies of companies, investment portfolios, and value chains. It covers all companies within the MSCI World Index, encompassing over 1,500 constituents, with plans for further expansion. Key features of the dataset include:
- Company-reported pressure data: Information on the environmental pressures reported by companies.
- Company-specific value chain data: Detailed data on upstream and downstream impacts within company value chains.
- Biodiversity pressures: Analysis of main biodiversity pressures such as climate change, air pollution, water pollution, water use, land occupation, and deforestation.
- Geospatial land use model: A model covering 42 crops to assess land use impacts.
- Sector coverage: Data for 9,100 global sectors to provide comprehensive impact and dependencies coverage.
For financial professionals, the GID Biodiversity dataset facilitates:
- Impact assessment: Evaluating the biodiversity impact and dependencies of investments and portfolios.
- Risk management: Identifying and managing risks associated with biodiversity loss, including physical, transition, and reputational risks.
- Regulatory compliance: Assisting in meeting biodiversity-related disclosure requirements, such as those from the Taskforce on Nature-related Financial Disclosures (TNFD) and the Corporate Sustainability Reporting Directive (CSRD).
By integrating this data, financial professionals can make informed decisions, align with global biodiversity initiatives, and contribute to sustainable investment practices. The GID Biodiversity dataset is currently utilised by forward-thinking institutions, including large banks and asset managers, to investigate the biodiversity impact of their portfolios.