Nature Action 100 expected to launch summer 2022

Nature Action 100 (NA100), an investor-led collaborative engagement programme to engage with companies and policymakers on nature, is expected to launch this summer, according to an update about the initiative.

Finance for Biodiversity Foundation, which is supporting the development of the programme, also said the initiative was in the process of scoping its governance structure and selecting partner organisations for coordination and operational support.

As part of NA100, investors will engage with both companies and policymakers deemed key to achieving the goal of reversing nature loss by 2030. This is a key difference with Climate Action 100+, on which it is modelled.

“With the UN Biodiversity Conference (COP15) coming up this year, NA100 aims to stimulate action from the financial sector and support the implementation of the Global Biodiversity Framework,” stated the update from the Finance for Biodiversity Foundation.

Corporate engagements are to be designed to ensure that key companies are taking robust and timely actions to address their biodiversity impacts and dependencies.

A public policy engagement workstream will encourage the development, implementation and monitoring of public policies that will support global, regional and national commitments on biodiversity, specifically in relation to corporates. It will keep members updated on policy developments and ensure alignment between policy asks and corporate engagement.

A third workstream will focus on technical advice, developing guidance and tools and provide access to technical expertise where required, to ensure all the initiative’s actions are guided by the latest science and best practice. It will also coordinate with relevant external frameworks on nature.

The investors that have been taking the lead in setting up the engagement initiative, since 2001, include AXA Investment Managers, BMO Global Asset Management (EMEA), BNP Paribas Asset Management, Church Commissioners for England, Domini Impact Investments, Federated Hermes, Karner Blue Capital, Robeco, Storebrand Asset Management and Vancity Investment Management.

The update about NA100 comes shortly after the Taskforce on Nature-related Financial Disclosures (TNFD) last month released the first beta version of a nature-related risk-management and disclosure framework.

Read the digital edition of IPE’s latest magazine