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Calculating The Biodiversity Footprint For The Banking Sector

For ASN Bank, PRé and CREM developed a methodology to calculate the biodiversity footprint of the bank's investments from simple spend data, bringing the complexity of biodiversity down to manageable level.

May 08, 2017

 

Biodiversity Footprinting For An Already Sustainability-focused Organisation

ASN Bank’s aim is to contribute to a fair distribution of the world’s wealth to present and future world citizens. As such, they are concerned about the effects that the investments from the banking sector might have on many different aspects of sustainability. The most recent sustainability aspect ASN was interested in was their biodiversity footprint. To reduce the complex topic of biodiversity to a manageable level, ASN asked PRé and sustainability consultancy CREM to develop a biodiversity footprinting method that would not require too much detailed data, while still giving an overview of the main impacts and meeting ASN’s high standards.

 

Determining The Investments With The Highest Impact

To develop the methodology, we interviewed experts and policy makers and discussed the results in a stakeholder meeting. Through quantitative calculations based on the Exiobase database and a qualitative analysis, a single-score result is obtained that shows the biodiversity impact per investment, expressed in surface area. The methodology provides useful insights for decision-making. In addition, the stakeholders consulted in this project will be a valuable network for years to come.

More information - Read the full business case

For more information, please read the full case [PDF].

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