Clarity AI and Gist Impact launch tool to measure biodiversity risk

Using company-specific, geographically accurate data to inform investment decisions and engagement

Clarity AI and impact data provider Gist Impact have developed a tool that shows investors their exposure to companies that have a negative impact on biodiversity.

The biodiversity impact assessment product uses biodiversity data that is company-specific, geographically accurate, and provides a holistic coverage of biodiversity impact drivers. It also aims to align with upcoming regulatory developments such as the Sustainable Finance Disclosure Regulation and the Taskforce on Nature-related Financial Disclosures.

The firms hope the tool will help inform investment decisions and company engagement practices, and said that at a time when biodiversity-themed funds have gained nearly $1bn in assets this year, the need for this information has never been greater.

“This data is critical for effective risk management, and to support action to curb further nature loss,” said Pavan Sukhdev, Founder and CEO of Gist Impact.

Angel Agudo, VP of product and board director at Clarity AI, added: “We can provide our clients with the most accurate and up-to-date information on biodiversity risks, allowing them to make informed investment decisions and engage with companies in a meaningful way.”