29 JAN, 2020
By Ana Andrés
AXA Investment Managers, BNP Paribas AM, Sycomore AM and Mirova (an affiliate of Natixis Investment Managers), launch joint initiative to develop pioneering tool for measuring investment impact on biodiversity; strongly believe that preserving the planet’s biodiversity is an urgent priority. Together, they have launched a call for expressions of interest (CEI) for a partner to develop and implement an innovative tool to measure the impact of investments on biodiversity. The goal of the CEI is to find a player capable of rating companies according to their impact on biodiversity on a large scale.
There is growing interest in quantitative indicators among regulators, investors, and their clients because these indicators can be used to measure the impact of investments, particularly environmental impact, in order to obtain concrete portfolio sustainability assessments.
Since COP 21 in 2015, the number of tools available has multiplied. Today, there are tools for measuring carbon impact, for measuring the extent portfolios are in line with the 2°C trajectory and many others, but these assessments remain largely focused on climate change. However, it is equally important that we preserve species and ecosystems. There is scientific consensus in this regard: one million species are facing extinction. Biodiversity plays a vital role, and its collapse would jeopardise the future of humanity.
This coalition of investors is looking to work with an ESG data provider that is capable of developing and implementing a methodology for measuring the impact of a company’s activity on biodiversity. The long-term goal is to create a dedicated database. In order to provide investors with the most significant and useful assessments possible, the methodology must be consistent with the following principles:
By RankiaPro Europe