Impact Institute and Cardano jointly develop a unique dataset to help investors measuring biodiversity impact
Impact Institute and Cardano have joined forces to launch a pioneering biodiversity impact dataset. The data allows financial institutions to measure the impact on biodiversity of individual companies in their portfolios, paving the way to the next steps in the development of an international standard for measuring biodiversity loss in the financial sector.
Impact Institute and Cardano’s Collaboration
Impact Institute and Cardano have joined forces to launch a pioneering biodiversity impact dataset. The data allows financial institutions to measure the impact on biodiversity of individual companies in their portfolios, paving the way to the next steps in the development of an international standard for measuring biodiversity loss in the financial sector.
“We are immensely proud of the successful launch of our groundbreaking dataset in partnership with Cardano. Together, we’re pioneering a new era of data-driven solutions for a more sustainable future”.
– Adrian De Groot Ruiz, CEO of Impact Institute
New insights into the biodiversity impact of companies.
By combining leading global datasets with company-reported information on their operations and production sites, the new biodiversity data allows investors to gain actionable insights into the biodiversity impact of their investment and lending activities. Using Impact Institute’s value chain model, the data provides not only a concrete understanding of what is driving such impact, but also a comprehensive picture of where it lies within the value chain (e.g., upstream or downstream), making it possible to identify who is responsible for it, engage with companies, and better define sourcing and supplier choices.
GID Biodiversity Asset data
GID Biodiversity Asset is a quantitative biodiversity impact database at company-level. Its underlying methodology, aligned with the TNFD LEAP approach and with the PBAF Standard, allows investors to identify biodiversity loss drivers and dive into specific portfolio constituencies to understand, report, and act on their negative biodiversity impact. The main features of the dataset include:
Company–specific value chain data, including upstream and downstream impacts without double counting
Monetary valuation of impacts, facilitating comparison with other impact themes and financial metrics
Geospatial land use model for 42 crops
Four main biodiversity pressures: climate change, air pollution, water pollution, land use
About Cardano
Founded in 2000, Cardano Group is a privately-owned investment management and advisory business with a focus on risk and sustainability. It is widely recognised as a market leader in the provision of specialised services to private-sector and collective pension schemes in the United Kingdom and the Netherlands.
More information
Our GID Biodiversity data solution estimates biodiversity impact and provides actionable insights. Get in touch to find out more.
Biodiversity Knowledge for professionals: read the guide.
For further information about the Global Impact Database, please visit our GID page. We offer verified and robust data, estimating impacts for organizations, countries, and sectors worldwide.