FfB Foundation appoints three working group co-chairs
22 March 2023 – The Finance for Biodiversity (FfB) Foundation has named several co-chairs for its working groups. Steve Freedman, head of research and sustainability, thematic equities at Pictet Asset Management, was appointed as the co-chair of the Impact Assessment working group. He will serve alongside the incumbent chair Liudmila Strakodonskaya, responsible investment analyst at Axa Investment Managers. The FfB Foundation announced further that Lucian Peppelenbos, climate and biodiversity strategist at Robeco, and Charlotte Apps, sustainable investing analyst at Fidelity International, will work as co-chairs of the Target Setting working group, which was launched in July 2022.
Members of the Impact Assessment working group share case studies of biodiversity measurement approaches, best practices, and lessons learned among each other. In 2023, the working group will additionally focus on topics such as dependencies, the biodiversity/climate nexus (i.e. how to integrate biodiversity approaches into climate strategies), and the data quality of companies.
Members of the Target Setting working group are collaborating to create guidance for asset managers and asset owners on setting biodiversity targets. This requires them to analyse global and regional commitments, science-based targets, and emerging frameworks. In 2023, the working group will issue guidance, such that during 2024 investors can set targets in line with their commitment to the Finance for Biodiversity Pledge.
The Finance for Biodiversity Foundation convenes two more working groups:
- Public Policy Advocacy working group, co-chaired by Sonya Likhtman, stewardship and engagement manager at Federated Hermes Limited, and Emine Isciel, head of climate and environment at Storebrand Asset Management
- Engagement with Companies working group, co-chaired by Sonya Likhtman stewardship and engagement manager at Federated Hermes Limited, and Arthur van Mansvelt, senior engagement specialist at Achmea Investment Management
More information on the FfB Foundation’s working groups can be found here.