The planet is currently experiencing a mass extinction event, with human and business activity being the root cause of species loss and habitat destruction. Industries, companies, banks, investors, accountants and auditors have all played their role. This book explores how they can also provide a solution.
The book presents plans, metrics, frameworks, mechanisms and financial innovations that can be, and are being, implemented through the financial markets in order to save and protect species, enhance biodiversity and, at the same time, preserve the financial markets and the business world.
This biodiversity handbook addresses the intersection between species extinction and the global capitalist system. With contributions from leading non-governmental organisations such as the Capitals Coalition, Business for Nature, the Ecojustice Foundation, ShareAction and the Endangered Wildlife Trust, plus senior researchers in the field, as well as industry experts from Moody's, EOS at Hermes Federated Investment Management, BlueBay Asset Management, ODDO BHF Asset Management and OSSIAM (to mention just a few), this book is at the forefront of addressing the crucially important topics of extinction accounting, finance and governance.
Drawing on leading research, the book is written in an accessible style and is relevant to researchers and students in the fields of sustainability, governance, accounting, finance, corporate social responsibility and corporate governance. It is essential reading for investors, responsible investors, bankers, business leaders and policy makers in the field of sustainable financial markets. Given the interdisciplinary nature of this book, it is useful to conservationists, ecologists and others involved in species and biodiversity protection.
Autorentext
Jill Atkins holds a Chair in Financial Management at Sheffield University Management School, UK, and is a visiting Professor of Accounting at the University of the Witwatersrand, South Africa.
Martina Macpherson is Head of ESG Strategy and GMC Member at ODDO BHF AM, President of NSFM NextGen, and Visiting Fellow at Henley Business School, UK.
Inhalt
Foreword
Mxolisi Sibanda, Regional Manager East Africa at WWF UK
Preamble
Jill Atkins
Introduction: Why are Species Extinction and Biodiversity Collapse Relevant to the Financial Markets, Accounting and Governance?
Jill Atkins and Martina Macpherson
PART I: Defining Extinction Governance, Extinction Accounting and Extinction Finance
Chapter 1
Extinction Accounting, Finance and Engagement: Implementing a Species Protection Action Plan for the Financial Markets
Jill Atkins and Martina Macpherson
Chapter 2
Extinction Governance: Establishing a Framework for Extinction Accounting, Accountability and Finance
Mervyn E. King, Jill Atkins and Warren Maroun
PART II: The Urgent State of Nature: Addressing Extinction and Biodiversity Decline
Chapter 3
Business, Extinction and the Future of Species: Moving from Good Intention to Action against Species Extinction
Mxolisi Sibanda
Chapter 4
Business for Nature: How Businesses Can Save Species and Preserve Biodiversity
Eva Zabey and Carmen Thissen, Business for Nature
Chapter 5
Heal Rewilding: A Landowning Model for Species Recovery
Jan Stannard, Hannah Needham and Shân M. Millie
Chapter 6
Oil Palm Industry and Biodiversity Loss: Enhancing Governance through the Sustainability Policy Transparency Toolkit (SPOTT)
Gunnar Rimmel, Maizatulakma Abdullah and Clara Melot
Chapter 7
Cultural and Religious Aspects of Extinction Governance in the Middle East: Accounting for Camels in the Israeli context
Mira Lieberman, University of Sheffield
Chapter 8
Middle Eastern Extinctions: Building a Religious Motivation for Species Protection
Tariq Almontaser, Jill Atkins, Ali Elfadli, Abdullah Eskandrany, Aber Hassan, Omar Mowafi, Simon Norton, Mohamed Saeudy
Chapter 9
The Need for Good Governance in Securing Environmental Justice
Steve Trent, Ecojustice Foundation
Chapter 10
A Regenerative Approach to Biodiversity and Species Extinction Accounting
Peta Milan
ve Biodiversity-related information
PART III: EXTINCTION FINANCE: How Financial Market Mechanisms Can Save Species
Chapter 11
EXTINCTION BONDS' Addressing Biodiversity Issues through Sustainable Finance
Martina Macpherson and Christoph Biehl
Chapter 12
From Active to Passive: Establishing a Framework for a Biodiversity Index Solution
Thomas Montagnon and Erica Zanella, Vigeo Eiris
Chapter 13
Biodiversity and Sustainability Ratings: From Data to Assessments
Marie Lehman and Anna Zubets Anderson
Chapter 14
Assessing Financial Exposure to Biodiversity Risks Through Corporate Facility Mapping
Nathalie Borgeaud, Léonie Chatain, Natalie Ambrosio Preudhomme
Four Twenty Seven Inc.
Chapter 15
How to Improve Biodiversity-Related Information
Andrea Gasperini and Sonia Artuso
Chapter 16
Green Bonds from an Integrated Thinking Perspective
Wayne can Zijl, Dannielle Cerbone and Warren Maroun
Chapter 17
The Wildlife Conservation Bond: Exploring New Market Mechanisms for Protecting Endangered Species
Nnamdi Okolo, University of Sheffield
Chapter 18
Exploring a Mechanism with Emancipatory Potential for 'Business and Biodiversity' in China: 'Ant Forest'
Longxiang Zhao
Chapter 19
The Investors' Policy Dialogue on Deforestation (IPDD) Case Study: A Collaborative Engagement Initiative with Governments to Mitigate Investment Impacts Resulting from Deforestation
My-Linh Ngo
Chapter 20
Ending Extinction: Taking Action to Transform the Financial System
Nick Robins
Chapter 21
Extinction Accounting and Finance in Italy: The case of Fineco Bank
Federica Doni, Silvio Bianchi Martini and Antonio Corvino
PART IV: EXTINCTION ENGAGEMENT: How Investors Can Save Species
Chapter 22
The Global Asset Management Industry's Response to the Biodiversity Crisis
Krystyna Springer, ShareAction
Chapter 23
Engaging to Protect and Restore Biodiversity
Sonja Likhtman, EOS at Federated Hermes
Chapter 24
Biodiversity loss and its impact: A practical implementation in portfolio construction
Clarisse Simonek and Carmine de Franco, Ossiam
Chapter 25
Addressing the Ecological Transition through ESG Investing Powered by AI and Fintech
Nicholas Jacob, Oddo
Chapter 26
Revealing Plato's 'Shadow Kingdom': Rendering Pandemic Risk Explicit in Extinction Engagement
Jill Atkins, Federica Doni, Abeer Hassan and Warren Maroun
PART V: EXTINCTION ACCOUNTING: How Accounting Can Save Species
Chapter 27
The Impact of the Natural Capital and Biodiversity Crises on the Corporate and Investment Value Chain
Mark Gough, CEO, The Capitals Coalition
Chapter 28
The Biodiversity Disclosure Project: From business mainstreaming guidelines, the biodiversity performance rating of listed companies to the Biological Diversity Protocol
Friedman, Y. , Hoogstad, C. , Cherrington, A. , Davies-Mostert, H.T. , Murison, M. 1, Houdet, J.
Chapter 29
Research methods: the role of ecolinguistic analysis in species pr…