Library | ESG issues
Biodiversity
Biodiversity encompasses the variety of life on Earth, forming the ecosystems that support human well-being and economic activity. All industries rely on healthy ecosystems for resources and services, making biodiversity preservation critical for economic stability. Biodiversity loss introduces material risks including supply chain disruptions, regulatory challenges, and reputational damage, while also creating investment opportunities in biodiversity restoration and natural resource management.
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Why nature’s future underpins the future of business
This extended article by the Financial Times captures how nature loss is impacting businesses across the globe, comparing and contrasting biodiversity loss with climate change. The challenges and opportunities for businesses presented by the nature crisis are also discussed, with the article closing by reinforcing the business case for responding to nature loss.
Financing nature: Closing the global biodiversity financing gap
The report examines the economic case for protecting biodiversity, identifies market failures causing biodiversity loss, highlights the biodiversity financing gap, and recommends nine financial and policy mechanisms to close this gap and maintain ecosystem integrity. This report also supports investors in identifying investment opportunities in nature-based solutions by providing comprehensive analyses of financial mechanisms and case studies, encouraging the allocation of capital to biodiversity-friendly projects.
Biodiversity in the balance: How nature poses investment risk and opportunity
The white paper summarises and presents key information about biodiversity risks and opportunities for investors, drawing from prominent publications by a range of international agencies. The paper re-produces popular charts from papers such as the Millennial Ecosystem Assessment, WEF Nature Risk report series, and the WEF Global Risk Report to highlight the key investment/business case for biodiversity.
Finance for biodiversity: Engagement templates
This engagement template compliments the Finance for Biodiversity Foundation's Engagement Guidance document for Financial Institutions.
Biodiversity measurement approaches: A practitioner's guide for financial institutions (4th edition)
This guide provides a comprehensive overview of tools and methodologies for financial institutions to assess biodiversity impacts and dependencies. It includes practical recommendations, evaluations of twelve tools, case studies, and guidance on marine biodiversity. The guide supports nature-related risk management, aligning with frameworks like TNFD and EU Biodiversity standards.
Finance for biodiversity: Guide on engagement with companies
This guide is designed to support financial institutions that are looking for ways to engage with companies on biodiversity related issues. The guide includes practical information on engagement scope and approaches, collaborative engagements to join, guidelines for engagement, and how to escalate from engagement to voting.
Exploring nature impacts and dependencies: A field guide to eight key sectors
This field guide helps investors identify and assess nature-related impacts and dependencies across eight key sectors. It provides sector-specific insights and strategies for integrating nature considerations into investment decisions.
Conservation investment blueprints: A development guide
This guide outlines a comprehensive framework for developing and implementing conservation finance projects. It provides step-by-step instructions, best practices, and case studies to help project developers design, fund, and manage effective conservation initiatives. The guide aims to bridge the gap between conservation needs and financial investments.
Biodiversity finance reference guide
This reference guide builds on the Green Bond Principles and Green Loan Principles as well as related resources, including the ICMA Handbook for Impact Reporting. It also aligns with targets in the recently adopted Global Biodiversity Framework. Both the Green Bond Principles and Green Loan Principles list biodiversity as an eligible use of proceeds. However, they do not provide a granular description of the types of projects that fit this category. The purpose of this reference guide is to address this gap and provide an indicative list of investment activities that contribute to protecting, maintaining, or enhancing biodiversity and ecosystem services and sustainably managing living natural resources through the adoption of practices that integrate conservation needs and sustainable development.
Assessment of biodiversity measurement approaches for business and financial institutions: Update report 4 (2022)
This document is designed to support businesses with navigating various biodiversity measurement approaches currently available. A navigating wheel and classification system has been developed to support interpretation.
Advocating for nature: A guide for responsible policy engagement
This guide is designed to help companies reap the benefits of responsible advocacy and respond to rising stakeholder expectations. It sets out the steps companies should take to align their nature advocacy with their nature ambition. This guide can be used by investors to better understand expectations being set for companies, and to also guide their own development of nature policies.
Business for Nature
Business for Nature is a global coalition uniting over 100 business and conservation organisations, along with forward-thinking companies. It promotes credible corporate action and advocates for ambitious governmental policies to establish a nature-positive economy by 2030.
Accountability for nature: Comparison of nature-related assessment and disclosure frameworks and standards
This report provides an overview of the key methodological and conceptual trends among the private sector assessment and disclosure approaches on nature-related issues. It provides comparative research on seven leading standards, frameworks and systems for assessment and disclosure on nature-related issues
Nature starter: Practical steps to integrate nature into business strategy (By CEOs, for CEOs)
NatSTART is a toolkit being developed by the Climate Leaders Coalition to support businesses to scope out and screen for nature-related risks. It is designed to support firms to integrate nature into their business strategies, starting with locating their interface with nature. It Provides guidelines for integrating biodiversity and climate considerations into business and policy decisions.
Natural Capital Measurement Catalogue Version 2
The Natural Capital Measurement Catalogue (NCMC) is an open resource for users to select metrics and methods for the measurement of natural capital assets, flows of services or benefits, and organisational impacts or dependencies on nature. The WCMC is designed to present natural capital accounting and assessment metrics that are consistent with national and international standards and frameworks such as the United Nations System of Economic-Environmental Accounting (SEEA), the Natural Capital Protocol and the Taskforce on Nature-related Financial Disclosures (TNFD).
TNFD Tool Catalogue
Building on insights from the nature-related data catalyst, the TNFD has created a beta version of an online searchable Tools Catalogue, providing an overview of tools that organisations can use to apply to each phase of the LEAP approach. The catalogue will be continually updated.