Data, software and media provider Bloomberg has launched a platform enabling investors to assess nature-related impacts and dependencies across value chains. The tool can be used for up to 45,000 companies, utilising company-reported Bloomberg data and a number of biodiversity indicators. These indicators are underpinned by the Natural History Museum’s Biodiversity Intactness Index, water stress data from the World Resources Institute, deforestation risk analysis, and insights on actions being taken by firms to reduce nature loss. Insights provided by the tool include the percentage of company revenue invested in high nature-risk sectors, involvement in commodities associated with deforestation, exposure to water-stressed areas, and management of nature-related risks through governance and policies. The World Bank has previously estimated that biodiversity loss could result in a global GDP decline of US$2.7 trillion annually by 2030. “The dependency of societies and economies on nature is widely recognised, but evaluating the nature-related risks of companies is complex and cannot be reduced to a single metric,” said Christian O’Dwyer, Nature Solutions Product Manager at Bloomberg. “With Bloomberg’s new offering, users get a comprehensive assessment of all aspects of a company’s dependency and impact on nature, which can be integrated into decision-making.”
