.png%3Falt%3Dmedia%26token%3D89a46a5e-54fb-4e70-8240-929b18a60fce&w=3840&q=75)
NatureFinance has introduced NatureAlign, a free tool enabling banks and investors to assess their portfolios for nature-positive impact. The tool aligns with key global frameworks like the Biodiversity Plan and TNFD.
NatureFinance has launched NatureAlign, a tool enabling financial institutions like banks and asset managers to assess and improve their portfolios' alignment with nature-positive outcomes. Guided by the Biodiversity Plan (formerly the Kunming-Montreal Global Biodiversity Framework), NatureAlign offers a streamlined approach for financial entities to evaluate baseline environmental impacts and align their activities with global sustainability frameworks, including the Corporate Sustainability Reporting Directive (CSRD) and the Taskforce on Nature-related Financial Disclosures (TNFD).
The tool integrates multiple datasets, allowing users to analyze key factors like biodiversity, water risk, and ecosystem protection, uniquely incorporating data such as the SEED Biocomplexity Index from ETH Crowther Lab.
Julie McCarthy, CEO of NatureFinance, noted, “With our financial and economic system on track for 2-3°C warming, financial institutions are crucial to redirecting finance towards nature-positive outcomes.”
NatureAlign also enables users to input data and receive quick, actionable insights through maps and metrics that spotlight areas of high environmental impact. Future modules are expected to provide more tools for setting nature-related targets and exploring the impact of potential portfolio adjustments.
Comments
Have a thought on this? Share it with other readers.