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News article28 January 2024Directorate-General for Environment1 min read

The Finance for Biodiversity Foundation and the EU Business & Biodiversity Platform published the third update of the Collaborative Engagements Overview

Collaborative engagements overview update

Financial institutions have an impact on global biodiversity levels largely through the companies they finance or invest in. Engaging with these companies is an important strategy to reverse biodiversity loss. This is why ‘engaging with companies’ is one of the five commitments outlined in the Finance for Biodiversity Pledge.

By providing yearly updates, the Finance for Biodiversity Foundation and the EU Business & Biodiversity Platform want to help financial institutions to navigate the ever-changing landscape of collaborative biodiversity engagements.

This Collaborative Engagement Overview serves as an annex to chapter 3 of the Guide on Engagement with companies, launched in 2022. It contains a wealth of information for financial institutions on how to engage with companies on biodiversity topics.

This guide was co-authored by six active members of the FfB Foundation and F&B Community that is part of the EU Business&Biodiversity Platform. It provides a comprehensive overview of ongoing and past biodiversity-related collaborative engagements, including both collective engagements and joint investor letters. 

 

Download the report here to stay updated on the latest guidance for financial institutions.  

Details

Publication date
28 January 2024
Author
Directorate-General for Environment