We have published Evli’s biodiversity roadmap which sets action steps for 2023–2025 for our actions to consider biodiversity. The purpose of the roadmap is to gain a better understanding of the impact of investments on biodiversity, to promote Evli’s biodiversity research and to develop biodiversity-related reporting.
Incorporating biodiversity, or in other words natural diversity, into investing is fast emerging as a significant area of responsibility alongside climate change. The World Economic Forum’s report states that more than half of the world’s gross domestic product is moderately or heavily dependent on nature and the services it provides. Biodiversity has a significant impact on human and planetary wellbeing as well as on the preconditions for economic activity. Nature provides ecosystem services on which many business activities depend. Correspondingly, companies’ activities may have impacts on biodiversity and ecosystem services. Therefore, it is also important to recognize the impacts of corporate actions on nature.
The action steps of Evli’s roadmap for considering biodiversity in investment activities are the following:
The biodiversity roadmap is continuation of Evli’s sustainability work with regard to environmental matters. In the fall of 2023, Evli joined the global Nature Action 100 initiative, which focuses on driving greater corporate ambition and action to stem biodiversity loss. In summer 2022, Evli joined the Taskforce on Nature-related Financial Disclosures (TNFD) forum, which focuses on a reporting framework for nature. In addition, Evli has signed the global COP15 investor statement ‘Moving Together on Nature’, which called on governments to take coordinated action to tackle climate change and biodiversity loss and to give financial institutions a stronger mandate to align their financial activities with biodiversity targets. Previously, Evli was involved in the PRI-led collaborative engagement initiative ’Need for Biodiversity Metrics’, with the aim of encouraging the development of biodiversity-related reporting practices.
Read more:
Evli’s biodiversity roadmap
Additional information:
Elina Niiranen, Senior Analyst, Responsible Investment, Evli Plc, tel. +358 40 567 3446, elina.niiranen@evli.com
Emma Kontsas, Analyst, Responsible Investment, Evli Plc, tel. +358 40 635 2098, emma.kontsas@evli.com
Jenni Moilanen, Junior Analyst, Responsible Investment, Evli Plc, tel. +358 40 484 2859, jenni.moilanen@evli.com