Investors with $23.6 Trillion in Funds Launch Campaign Urging 100 Companies to Fight Biodiversity Loss
September 27, 2023
Investors Managing $23.6 Trillion in Assets Pressure 100 Companies: A coalition of major investors overseeing $23.6 trillion in funds has launched the Nature Action 100 campaign, urging 100 companies, including Amazon, Nestle, and Unilever, to take urgent actions against biodiversity loss.
Growing Concern for Biodiversity: Biodiversity is declining rapidly, prompting nearly 200 countries to commit to conserving 30% of land and sea by the end of the decade. The Taskforce for Nature-related Financial Disclosures has also published guidelines for measuring and disclosing nature loss risks.
Key Goals and Accountability Measures: Investors are pressing companies to address critical objectives, such as minimizing negative impacts on biodiversity and adopting science-based targets. Accountability will be ensured through third-party data monitoring, with the first progress report due next year.