APG, Astanor Ventures, Australian Ethical Investment, Deutsche Oppenheim Family Office, LGT Private Banking, Nordis Capital, Oakham Wealth Management, OFI AM and SLM Partners are the 9 new signatories of the Finance for Biodiversity Pledge. The new signatory financial institutions will be welcomed by Liza Jonson, CEO of current signatory Swedbank Robur during the event ‘Financing the Transition to a Nature Positive Future’ organised by the Leaders Pledge for Nature in Stockholm, alongside the Stockholm+50 Summit on 1 June at 11:20am CEST.
Milestones: more assets and one new pension investor
With the new signatory financial institutions, the Finance for Biodiversity Pledge reaches a milestone by representing in total €14 trillion in assets held by the 98 signatories. We welcome APG as the fourth pension investor among the signatories.
Launching event alongside Stockholm 50+
CEO Liza Jonson of current signatory Swedbank Robur will speak on behalf of the Finance for Biodiversity Foundation together with other leaders in a panel debate (session 2) during the high-level meeting ‘Financing the Transition to a Nature Positive Future’. This in-person event is organized in the run-up to Stockholm+50, an international environmental meeting convened by the United Nations General Assembly hosted on June 2-3, 2022.
Finance for Biodiversity Pledge
The Finance for Biodiversity Pledge is a commitment of financial institutions to protect and restore biodiversity through their finance activities and investments. The Pledge consists of 5 steps financial institutions commit to take:
- Collaborating and sharing knowledge
- Engaging with companies
- Assessing impact
- Setting targets
- Reporting publicly on the above before 2025
As financial institutions, they emphasize the need to protect biodiversity and to reverse nature loss in this decade, ahead of the Conference of the Parties (COP 15) to the Convention on Biological Diversity (CBD) in 2021.
Financial institutions that have signed the Finance for Biodiversity Pledge can become members and join the working groups of the Finance for Biodiversity Foundation. With this new round of signatories, the total number of members increased from 45 to 49. The members are sharing knowledge and collaborate on topics such as impact assessment, engaging with companies and public policy advocacy. Additional working groups on positive impact and target setting will start later this year.
New signatory round in September/October 2022
There will be another round of signatories in September/October 2022. Financial institutions can already sign up via our registration page here.