Leading impact data and analytics provider GIST Impact has joined forces with Clarity AI, a sustainability technology platform, to create a groundbreaking biodiversity impact assessment product. This collaboration comes as the financial industry witnesses significant growth in biodiversity-themed funds, accumulating nearly $1 billion in assets this year. The partnership aims to address the rising importance of managing biodiversity risks and promote sustainable investing practices.
GIST Impact brings its extensive experience in measuring corporate impacts and dependencies on nature, particularly in the field of economics of ecosystems and biodiversity. With a team of scientists, engineers, and data experts, GIST Impact offers market-leading impact platforms and datasets, covering over 12,800 companies with geographically precise, time-series data.
By combining Clarity AI’s deep technological expertise with GIST Impact’s industry-leading methodology and data, the developed solution will empower investors to make informed decisions and assess their exposure to companies impacting biodiversity negatively. The product will also adhere to regulatory requirements, including the Sustainable Finance Disclosure Regulation (SFDR) and the Taskforce on Nature-related Financial Disclosures (TNFD).
This collaboration allows GIST Impact to leverage Clarity AI’s comprehensive product ecosystem and market-leading coverage, facilitating accurate and up-to-date biodiversity risk information. By enabling investors to engage with companies meaningfully and take effective action to curb nature loss, the partnership propels sustainability efforts forward.