Auquan launches biodiversity risk assessment tool

Auquan has collaborated with Integrated Biodiversity Assessment Tool (IBAT) Alliance to launch an exhaustive biodiversity and physical risk assessment tool, following the LEAP Nature Risk Assessment Approach suggested by TNFD.

The tool is the first of kind and offers a comprehensive deep dive into the the environmental impact a company may have:

• You can map the operational locations of a single company (or a portfolio of companies) and its supply chain,
• You can determine the locations' proximity to 270,000+ protected areas and 16,000+ Key Biodiversity Areas, as provided by World Database on Protected Areas, IUCN Red List of Threatened Species, and the World Database of Key Biodiversity Areas, and
• You can overlay various physical and biodiversity indicators, such as forest loss, land use change, water risk indicators, etc to better assess a company's direct and indirect impact on the environment.

This extremely powerful analysis helps clients answer questions like, “does my lithium supplier operate any mine near protected areas?” or “does my portfolio have a high risk exposure to drought or floods?”

As an example, the tool below shows all factory locations of Tesla (red pins), overlaid on top of 2002-2022 land use change map, to understand how natural resources have changed around the company’s operations.

Auquan is the only provider on market which is able to provide in depth analytics into scope 2 and scope 3 biodiversity exposures by mapping out the supply chain of the companies. The map below shows locations of mines of lithium suppliers of Tesla (black pins), overlaid on top of 2002-2022 land use change map, to understand how natural resources have changed around the key suppliers of the company, and the company’s indirect effect on the environment.

If you are looking to integrate biodiversity risk assessments into your decision making or sustainability reporting or engagement strategies, reach out to us on sales@auquan.com.