Net positive effect on biodiversity in 2030
Protection through selection
ASN Bank aims to protect biodiversity. We do so in two ways. Firstly, by selecting the companies, countries and projects that we invest in and fund. We assess how they manage biodiversity, choosing to invest in, for instance, companies that engage in responsible forestry or water purification, or that solve environmental problems, and in countries that look after nature properly. We do not invest in activities that have a major adverse impact on biodiversity, such as mining, unsustainable fishery or fossil fuels.
We also protect biodiversity by having a genuine, positive goal for the long term. A goal that we can work towards with other organisations. ASN Bank itself – 160 people in one office – barely has an ecological footprint. However, our customers’ money is invested in companies, countries and projects that do impact biodiversity.
Net positive effect
We have calculated how much biodiversity is lost as a result of our loans and investments. Our aim is to put an end to that loss, enabling ASN Bank to actively contribute to strengthening nature in the Netherlands and abroad by 2030. We have set this out in our goal:
Net positive effect on biodiversity as a result of all of our loans and investments by 2030.
How we are working towards the goal
We are going to compensate the ecological damage caused by our loans and investments by means of activities that increase biodiversity. If they cancel each other out, our adverse impact on biodiversity disappears.
What does this mean for you?
We already ensure that the damage caused to biodiversity by your savings and investments is kept to a minimum. However, the related ecological footprint is still negative. By 2030, your savings and investments with ANS Bank will no longer burden biodiversity and even have a positive impact at that time.
We are working towards our goal together with other parties. Experts share their thoughts on the scientific basis. The government shares its thoughts from the perspective of policy frameworks. And civil society organisations share their thoughts on putting the ideas into practice. We also get other financial institutions involved. After all, the change will be far greater if they, too, start measuring and addressing their impact on biodiversity. That is why our work focuses on collaboration, discussion and inspiration.
Groundbreaking report ‘Common Ground’ presented
A concrete example of broad collaboration is the ‘Common Ground in biodiversity footprint methodologies for the financial sector’ report, that was presented in November ’18 at the COP14 meeting of the United Nations in Egypt. Just as there is for climate, finding common ground is crucial for measuring impact on biodiversity as well. This unique cooperation between a group of financials, developing a biodiversity foot printing methodology and striving to set out exactly that common ground, is a milestone on the way to standardizing biodiversity metrics – not only for financials, but for businesses and governments alike.