Biodiversity disclosure in the European finance sector
Leyla Azizi,
Christoph Scope,
Anne Ladusch and
Remmer Sassen
Ecological Economics, 2025, vol. 228, issue C
Abstract:
As the significant environmental, social, and economic consequences of biodiversity loss become more clearly recognized, biodiversity management has become an increasingly important issue for the financial sector. According to the Global Risk Report 2023, biodiversity loss will be the fourth most significant risk worldwide over the next ten years. The financial sector plays a crucial role in supporting and financing business activities that impact biodiversity. Financial institutions can help ensure that biodiversity is protected as they strongly influence management activities and practices in the economy through capital allocation.
Keywords: Biodiversity; Non-financial reporting; Biodiversity reporting; Biodiversity disclosure; Financial sector; Finance (search for similar items in EconPapers)
Date: 2025
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:228:y:2025:i:c:s0921800924003276
DOI: 10.1016/j.ecolecon.2024.108430
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