Home » Resource Database Report Biodiversity & Nature Related Risks for Actuaries: An IntroductionRead the report (Biodiversity & Nature Related Risks for Actuaries: An Introduction)(This link will take you to an external website) About this Report Institute and Faculty of Actuaries | June 2023 Financial institutions are exposed to businesses highly dependent on nature through their lending, advisory, investing and underwriting activities meaning that losses to these companies due to ongoing nature decline can be transmitted to the financial sector. As a result, biodiversity loss and nature related risks are widely acknowledged by regulators12, central banks9,10 and industry8,26, to drive risks for the financial sector. At the same time, decisions made by financial institutions facilitate impacts on nature that can be positive or negative. Biodiversity loss could lead to a higher frequency or severity of claims and greater geographic or sectoral concentration of claims.20 This report is an introduction to biodiversity and nature related risks for actuaries in all fields of work. It provides an overview of current topics and industry developments and highlights how they are relevant to actuarial work. Download the full report here Read the report (Biodiversity & Nature Related Risks for Actuaries: An Introduction)(This link will take you to an external website) Related publications Additional guidance for financial institutions Taskforce on Nature-related Financial Disclosures (TNFD) Recommendations Related webinars Additional guidance for financial institutions March 7, 2024 (Updated: January 29, 2025) Published alongside the TNFD Recommendations in September 2023, this Forum member webinar explored the draft additional guidance for financial institutions open for consultation until 29 March. This session provides an... Charting a sustainable path: Nature-climate scenarios in financial decision-making March 25, 2024 (Updated: March 25, 2024) The TNFD and NatureFinance co-hosted this public webinar on integrating nature-climate scenarios for sustainable financial decision-making. The session focused on integrating nature-climate scenarios. Ahead of the...