Disclaimer: This section is still under construction. Over time we will add more resources and examples.
Together with ASN Bank, PRé and CREM developed a methodology for calculating the biodiversity footprint of the loans and investments the bank makes. The insights obtained from the biodiversity footprint show which kinds of investment have the least impact on biodiversity and thus help ASN Bank meet its target of net positive biodiversity impact by 2030.
ASN Bank was keen to know more about the impact that its loans and investments have on biodiversity—their biodiversity footprint. And the bank set the goal to realize an overall net positive impact on biodiversity with its loans and investments by 2030.
Coming up with a way to measure the biodiversity footprint of any activity is complex and time-consuming. Moreover, banks generally do not have the environmental data or the technical expertise required to measure the impacts involved. They have data only about their investments and spending, at a low level of granularity—only for the industries in which investments are made, and not at the level of detail required for this exercise. ASN Bank asked PRé and fellow sustainability consultancy CREM to develop a method to measure, the biodiversity footprint of its loans and investments. It also asked PRé’s advice on how to apply the insights gained from the footprint to reduce the impacts in the future, with the aim of preventing any further loss of biodiversity, and to achieve a net gain in biodiversity, by 2030.
The BFFI procedure was developed and applied for the first time for ASN bank in 2015. The BFFI is developed from a number of publicly available and transparent data sources and scientifically peer reviewed methodologies. The entire procedure is open source and can be applied by anyone. The figure below provides an overview of the steps involved in the BFFI, while the Metrics and Method section describes the impact assessment method and the data used more in detail
Together with ASN Bank, PRé and CREM developed a methodology for calculating the biodiversity footprint of the loans and investments the bank makes. The insights obtained from the biodiversity footprint show which kinds of investment have the least impact on biodiversity and thus help ASN Bank meet its target of net positive biodiversity impact by 2030.
ASN Bank was keen to know more about the impact that its loans and investments have on biodiversity—their biodiversity footprint. And the bank set the goal to realize an overall net positive impact on biodiversity with its loans and investments by 2030.
Coming up with a way to measure the biodiversity footprint of any activity is complex and time-consuming. Moreover, banks generally do not have the environmental data or the technical expertise required to measure the impacts involved. They have data only about their investments and spending, at a low level of granularity—only for the industries in which investments are made, and not at the level of detail required for this exercise. ASN Bank asked PRé and fellow sustainability consultancy CREM to develop a method to measure, the biodiversity footprint of its loans and investments. It also asked PRé’s advice on how to apply the insights gained from the footprint to reduce the impacts in the future, with the aim of preventing any further loss of biodiversity, and to achieve a net gain in biodiversity, by 2030.
The BFFI procedure was developed and applied for the first time for ASN bank in 2015. The BFFI is developed from a number of publicly available and transparent data sources and scientifically peer reviewed methodologies. The entire procedure is open source and can be applied by anyone. The figure below provides an overview of the steps involved in the BFFI, while the Metrics and Method section describes the impact assessment method and the data used more in detail
The 4 steps in the BFFI
The BFFI method is designed to screen the biodiversity impacts throughout the portfolio. This procedure can be highly automated. Below you can find generic information of the BFFI method. In the sub-sections of the "BFFI" tab, you find elaborate explanations of case studies and applications of the BFFI. There you can find examples on how we applied the BFFI for ASN Bank, how we integrated it with an ecosystem dependencies analysis, and more.
Methodological Guidance Document
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Biodiversity Footprint for Financial Institutions: Exploring Biodiversity Assessment
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