Investor Statements on Chemicals and Biodiversity

2 members

Chemical pollution is a major driver of biodiversity loss and an escalating global risk. In response, a coalition of investors and NGOs has produced two investor statements: one directed at the chemical industry and the other at governments, calling upon each to take urgent action to accelerate the transition to a nature-positive chemical sector.

Collaboration details

Please note: Joining the collaboration on the PRI platform does not constitute signing the statements. To sign the statements, please visit the dedicated webpage: Investor Statements on Chemicals and Biodiversity

 

ABOUT THE INITIATIVE

With more than half of the world's GDP highly or moderately dependent on nature and biodiversity, ecosystem losses pose a systemic risk to companies and their shareholders.

Pollution, including from chemicals, is one of the major drivers of biodiversity loss and is an increasingly relevant global risk. The chemicals industry, including agrochemical producers, has a huge impact on biodiversity loss. Their toxic products damage the environment through their role in pollution and land use change.

Achmea Investment Management, ChemSec, Erste Asset Management, IEHN of Clean Production Action, Planet Tracker, Mercy Investment Services, and ShareAction collaborated to produce two investor statements: one directed towards the chemical industry and the other towards the governments represented in the Global Framework on Chemicals. We intend to launch the statement at the end of June to coincide with the Open-Ended Working Group Meetings of the Global Framework on Chemicals.

You can learn more about each statement here and add your signature to support by June 20th.

Please note that AUM data will only be used in aggregate numbers, with individual AUM information remaining confidential.

Objectives
  1. Chemical Industry Statement:
    • Urges chemical companies to take responsibility for their role in biodiversity loss.
    • Calls for the reduction of harmful chemical pollution.
    • Encourages the adoption of safer, more sustainable chemical practices.
    • Promotes transparency and accountability in environmental impact reporting.
    • Supports innovation and investment in nature-positive solutions.

       

  2. Government Statement:
    • Calls on policymakers to strengthen regulations on hazardous chemicals.
    • Advocates for ambitious global targets within the Global Framework on Chemicals.
    • Encourages alignment with biodiversity and climate goals.
    • Supports mandatory disclosure of chemical-related environmental risks.
    • Promotes incentives for safer chemical alternatives and sustainable practices.
Created on
ESG theme
  • Environment
ESG sub-theme
  • Biodiversity / nature
  • Climate change
  • Land use inc. deforestation
  • Waste and pollution
  • Water and oceans
Sector
  • Materials
Sustainable Development Goal
  • 3 - Good health & well-being
  • 9 - Industry, innovation & infrastructure
  • 11 - Sustainable cities & communities
  • 12 - Responsible consumption & production
  • 13 - Climate action
  • 14 - Life below water
  • 15 - Life on land
Geography
  • Global
Asset class
All