Multiple organizations launch joint initiative to develop tool for measuring investment impact on biodiversity, cite IPBES Global Assessment

Description of Impact(s) (English Only) The organizations AXA IM, BNP Paribas AM, Mirova and Sycamore AM have launched a joint initiative to develop a “pioneering tool for measuring investment impact on biodiversity,” stating that they “strongly believe that preserving the planet’s biodiversity is an urgent priority.” Mirova cites the IPBES Global Assessment and its finding that one million species are at risk of extinction in its official announcement.