By Alexander Burr
We’re committed to addressing the growing threat to nature - and risks to the assets we manage on behalf of our clients.
The term ‘nature’ encompasses vital aspects of all our lives, from the food we eat to the air we breathe. Half of global economic output is moderately or highly dependent on nature and its services, according to research from PwC.1
But our natural world is in crisis. Ecosystems are being degraded at a faster rate than ever before, with the loss of vital ecosystem services (on which society and our economies depend) estimated to reduce global GDP by $2.7 trillion per year by 2030.2
Nature is our most important asset, yet we do not account for the value it provides. Nature is the foundation on which our society and global economy exist. As the Dasgupta Review put it, “we are embedded in nature, not external to it”.3 Therefore, nature change and biodiversity loss pose a significant risk that can no longer go overlooked.
What LGIM is doing
LGIM supports the Kunming-Montreal Global Biodiversity Agreement’s mission of taking urgent action to halt and reserve nature loss by 2030, and the vision of living in harmony with nature by 2050.
