India, March 5 -- Rabobank and fourteen other financial institutions have joined the Partnership for Biodiversity Accounting Financials (PBAF). By doing so, they are showing their commitment to actively pursuing a shared methodology for measuring and reporting the impact of their loans and investments on biodiversity. This allows financial institutions to calculate their biodiversity footprint and take targeted action to restore and protect biodiversity.
The Partnership for Biodiversity Accounting Financials was formed in 2019 by founding partners ASN Bank (part of de Volksbank), ACTIAM, FMO, Robeco, Triodos Bank and Triple Jump. Fifteen more financial institutions have now decided to join the partnership. These are ABN AMRO Bank, APG, Ach...