Forest IQ: A Gateway to TNFD Adoption

About this LEAP Use Case

This use case provides insights from financial institutions, including Schroders, Robeco, Federated Hermes and Storebrand, demonstrating how they applied Forest IQ data to manage deforestation and nature-related risk. The use case is divided in two parts:  

1. The use of Forest IQ within financial institutions 

1. Satellite-based verification of Forest IQ results 

Key outcomes

• Through the analysis of data from Forest IQ and interviews with various financial institutions using the platform, it is clear that data on deforestation, ecosystem conversion and related human rights abuses is a simple and accessible gateway to applying the TNFD's LEAP approach.
• Forest IQ provides a reliable source of information to help identify and disclose the impacts, dependencies and risks of different companies and sectors.
• Forest IQ also provides indicators of what each company is doing to mitigate risks at a policy level, which then allows financial institutions to develop and implement targeted strategies to directly address any gaps or deficiencies identified.

(This link will take you to an external website)