Dai-ichi Life has decided to participate in “Spring”, a new collaborative engagement initiative on biodiversity launched by the PRI.
The initiative seeks to maximise the contributions from institutional investors to the global goal of halting and restoring the loss of biodiversity by 2030. Recognising that forest loss and land degradation are important drivers of biodiversity loss, the initiative will identify companies that have the large influence on these drivers and, through collaborative engagement, encourage companies to resolve the issues they face.
Dai-ichi Life has also endorsed the philosophy of TNFD, which aims to establish a framework for the systematic identification and disclosing nature-related risks.
“The company understands that the improvement of natural capital sustainability is a priority issue for responsible investing; therefore, it analyses nature-related risks and opportunities in line with the TNFD, and carries out engagement with investee companies based on the results of these analyses,” it said.