Clarity AI, a leading sustainability technology platform, and GIST Impact, a premier impact data and intelligence provider, have announced a collaboration to create a state-of-the-art biodiversity impact assessment product. This groundbreaking solution arrives as biodiversity-focused funds accumulate nearly $1 billion in assets this year, reflecting the increasing awareness of the financial sector’s role in addressing biodiversity risks.
Leveraging Clarity AI’s extensive product ecosystem and market-leading coverage, along with GIST Impact’s 15 years of experience in biodiversity and impact metrics, the partnership will offer a top-tier solution that enables clients to pinpoint and quantify their exposure to companies with adverse effects on biodiversity. This will ultimately promote well-informed investment decisions and corporate engagement practices.
“The urgency for investors to consider biodiversity impacts in their decision-making has reached an all-time high. We’re thrilled to collaborate with Clarity AI, merging their profound technology expertise with our best-in-class biodiversity impact methodology and data. Together, we’re granting access to reliable biodiversity data that is company-specific, geographically precise, and provides the most comprehensive coverage of biodiversity impact drivers. This information is crucial for effective risk management and to encourage action to prevent further nature loss,” said Pavan Sukhdev, Founder and CEO of GIST Impact.
This alliance will also ensure clients are prepared for the latest regulatory developments, such as the Sustainable Finance Disclosure Regulation (SFDR) and the Taskforce on Nature-related Financial Disclosures (TNFD).
“Teaming up with GIST Impact represents a significant milestone for Clarity AI, as it allows us to tap into their vast experience, expertise, and resources on biodiversity impact assessments. Through this partnership, we can offer our clients the most precise and current data on biodiversity risks, empowering them to make well-informed investment decisions and engage with companies in a meaningful manner,” said Angel Agudo, VP of Product and Board Director at Clarity AI.
