Carbon4 Finance and CDC Biodiversité announced a partnership with Vontobel’s Quality Growth Boutique in the United States to measure the biodiversity impact of its assets, based on the Biodiversity Impact Analytics database powered by the Global Biodiversity Score® (BIA-GBS).
Combining Carbon4 Finance’s recognized experience with climate data and the robustness of the GBS® biodiversity footprint methodology developed by CDC Biodiversité, this database allows companies like Vontobel to assess the biodiversity impact of its portfolio with a broad global coverage of the listed assets.
The partnership comes at a moment when financial actors need better information to incorporate nature-related risks and opportunities into their strategic planning, risk management and asset allocation decisions.
2021 is a pivotal year for taking action to protect nature and biodiversity with the launch of the Taskforce on Nature-related Financial Disclosures (TNFD) and the upcoming COP15 (Part 2) on Biodiversity in China in Spring 2022. The involvement of the financial sector, which represents broad ownership interests, will play a central role as investment is a powerful driver of corporate practices. Finance and ownership need to ensure the sustainability of nature’s biodiversity where possible, just as it does in the fight against climate change. To be effective, reliable data are necessary to link the impact of individual companies and portfolios to their real world impact on biodiversity.
Marie-Anne Vincent, CEO at Carbon4 Finance, said, “we are thrilled to start this new partnership with Vontobel’s Quality Growth Boutique to extend our biodiversity expertise in the US. We believe that climate change and biodiversity loss must be addressed together, which is why Carbon4 Finance strives to provide investors with robust climate and biodiversity impact data, in order to build ambitious biodiversity strategy and engagement with corporates”.
“We are delighted that Vontobel’s Quality Growth Boutique decided to use the BIA-GBS database. This is a great mark of confidence for us and a major step forward in the international commitment to biodiversity. The protection of biodiversity will have to be global, and we are pleased that Vontobel is moving in this direction.”, says Marc Abadie, Chairman of CDC Biodiversité.
Sudhir Roc-Sennett, Head of ESG and Thought Leadership at the Vontobel Quality Growth Boutique said, “We are excited that Carbon4 Finance and CDC Biodiversité have built this important database. It provides us a lay of the land of biodiversity impact across countries and sectors, as well as at the company-specific level. We are delighted to facilitate their entry into the United States.”
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