In this guide, we provide the practical insight and tips to help you develop your own policy around biodiversity and nature-related risk.
Our step-by-step approach covers:
- Insight into the current challenges of biodiversity risk
- Defining biodiversity and why it matters
- Explaining the key drivers of biodiversity loss
- The risks to pension schemes
- Practical insight for assessing biodiversity risk within your scheme
- Questions to ask your asset manager
FOREWORD
"There has been a focus recently on climate change and the associated risks and opportunities it poses to pension schemes and their members. Climate related risk management and disclosure frameworks, such as the Task Force on Nature-related Financial Disclosures (TNFD), and the availability of more data, have set the foundations for pension schemes to begin assessing, monitoring and acting on these risks. Regulators are also becoming more focused on these issues. For example, the Prudential Regulatory Authority (PRA) expects banks to assess their exposure to climate-related financial risks in the way they assess other risks."
PAT SHARMAN, COUNTRY MANAGING DIRECTOR, UK-CACEIS
Last update: 1 August 2024