Nature risk data and analysis company NatureAlpha has launched an enhanced analytics platform, Geoverse 2.0, to help customers evaluate natural risks across asset classes in alignment with the Taskforce on Nature-Related Financial Disclosures (TNFD) framework.
Human existence, and the economy by which humans trade goods and services, depends on natural resources. Global regulations aim to ensure that companies operate and invest sustainably. However, many companies have little understanding of their operations’ impact on nature or the risks they face from a depleted or destroyed natural ecosystem. TNFD, and companies that help other companies comply with TNFD, aim to provide decision makers in business and capital markets with better quality information through corporate reporting on nature that improves enterprise and portfolio risk management.
London-based NatureAlpha said Geoverse 2.0 provides coverage across 11,500 equities worldwide, 1.7 million corporate bonds and private assets, and produces 130 million monthly data points. Corporate activities such as M&A, expansion and divestiture are automatically reflected in Geoverse 2.0 calculations, and the software offers dynamic data, such as updated biodiversity policies after companies release earnings.
The company said its nature risk platform applies 28 geospatial layers, including state of nature and biodiversity layers, to the analysis of 8.5 million asset locations worldwide, delivering 99.5% accuracy. The analysis relies minimally on human intervention, making it less expensive. The company touted its reliance on artificial intelligence as a selling point, though AI poses its own risks to nature.
“The optimisation of Geoverse 2.0 underscores NatureAlpha’s commitment to remaining at the forefront of quality nature data provision,” said Nick Hough-Robbins, CEO at NatureAlpha. “We want to partner with clients to remove the data burden whilst empowering companies and investors to knowledgably manage their natural world risk.”
