Description of Impact(s) (English Only) The expectation document published by Norge Bank Investment Management serves as a starting point for the bank's interaction with companies on biodiversity and ecosystems.
Changes to natural ecosystems and the biodiversity that underpins them, pose business risks to
companies in our portfolio. Externalities from unsustainable use of natural ecosystems may also affect other companies and
the fund’s long-term return. At the same time, evolving trends may present new business opportunities. Companies highly dependent on or impacting biodiversity and ecosystems should integrate relevant nature-related considerations into their corporate strategy, risk management and reporting.
The document quotes IPBES, the number of species threatened by extinction is accelerating and is mainly driven by human activities. Exploitation of organisms, land use change, invasive alien species and environmental pollution are placing severe stress on ecosystems and disrupting habitats.