Nature loss is a material financial risk, as depleting natural capital creates significant near-term operational costs for companies, threatens the supply of critical resources and puts more than half of global GDP at risk.
Through the initiative, the 190 participating institutional investors are directly engaging with companies in key sectors that are deemed to be systemically important in reversing nature and biodiversity loss by 2030.
The investors have kicked off the initiative's engagement phase this week by sending letters to 100 companies, worth more than USD 9 trillion in market capital, calling for urgent and necessary actions to protect and restore nature and ecosystems and thereby mitigate financial risk.
Hanna Edström, Head ESG Liquid Markets, said: “At LGT Capital Partners, we are convinced that there is much greater power when investors work together towards the same goals. We are excited to be part of Nature Action 100 to catalyze greater action on nature loss.”
Drive nature action in six areas
Participating in Nature Action 100 involves calling on companies to undertake action in the following six areas:
Find out more about Nature Action 100 here: https://www.natureaction100.org/