Biodiversity and Finance: Risk, Disclosure and Double Materiality
This special issue will investigate the way in which material nature-related risks are reflected in financial assets including sovereign debt, and the impact of investments and corporate activities on nature, biodiversity and ecosystem services. The special issue will evaluate the extent to which these dual aspects of nature-based risks, the double materiality, can be adequately reflected and whether mechanisms such as disclosure (e.g. via the Taskforce on Nature Related Financial Disclosures (TNFD) or Taskforce on Climate Related Financial Disclosures (TCFD), ESG and other ratings, can influence the allocation of capital to lessen the effect of economic activity on nature and biodiversity and induce sustainability. We invite empirical, theoretical and think-piece papers on all aspects concerning biodiversity and the financial sector ranging from the perceptions and demands of individual investors, the role of asset managers, the metrics with which nature-based risks are measured, the implications for portfolio management and the legality of focusing on ESG criteria rather than the more narrow fiduciary duties of companies and asset managers of maximizing financial returns for shareholders and investors.
Prof. Ben Groom University of Exeter, Exeter, UK, email@example.com
Prof. Mark Freeman University of York, York, UK, Mark.firstname.lastname@example.org
Dr. Matthew Agarwala University of Cambridge, Cambridge, UK, Mka30@cam.ac.uk
Ms. Emily McKenzie Taskforce on Nature Related Financial Disclosures, Emily.McKenzie@tnfd.global
Manuscript submission information:
Submission deadline: Apr 01, 2023
You are invited to submit your manuscript at any time before the submission deadline. For any inquiries about the appropriateness of contribution topics, please contact Managing Guest Editor: Prof. Ben Groom.
The journal’s submission platform (Editorial Manager®) is now available for receiving submissions to this Special Issue. Please refer to the Guide for Authors to prepare your manuscript and select the article type of “VSI: Biodiversity and Finance” when submitting your manuscript online.