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Ethias joins the Partnership for Biodiversity Accounting Financials

Ethias joins the Partnership for Biodiversity Accounting Financials

The Partnership for Biodiversity Accounting Financials (PBAF) is excited to share that Ethias has become a supporter of the initiative!

Philippe Lallemand, CEO of Ethias, describes the motivation for his company to join the initiative: “At Ethias, we consider biodiversity as one of the key assets to protect. Recent scientific developments confirmed once again the urgent need to preserve our ecosystems. As an asset owner, understanding the impacts (positive and negative) of our investment portfolio on biodiversity is a top priority. By joining the Partnership for Biodiversity Accounting Financials, we want to contribute positively to this goal. We are convinced by the work done so far and we want to support future initiatives for a harmonized approach.”

The PBAF team welcomes Ethias as a supporter and is looking forward to a valuable collaboration.

About Ethias
As of today, Ethias is an outstanding Belgian insurance company thanks to its unique business model based on direct, digital and public services, to the commitment of its 1.900 employees, to its trustful customers (1.200.000 private individuals and more than 40.000 public and private sector customers), to the support of its shareholders, to its 100 years of experience and financial strength. With a solid group strategy, Ethias is constantly innovating to create value and meet the needs of tomorrow through ecosystems in areas such as health, mobility and housing. By always following a phygital and socially responsible approach, Ethias is committed to being the partner of everyone’s everyday life, beyond insurance. For more information visit: https://www.ethias.be/corporate/nl.html

About the Partnership for Biodiversity Accounting Financials (PBAF)
The Partnership for Biodiversity Accounting Financials (PBAF) develops the ‘PBAF Standard’. The PBAF Standard enables financial institutions to assess and disclose impact and dependencies on biodiversity of loans and investments. PBAF provides practical guidance to financial institutions on biodiversity impact and dependency assessment and defines what is needed in order for these assessments (either or not conducted by data providers) to deliver the right information to financial institutions. With this information financial institutions can effectively manage and report on biodiversity related risks and opportunities and contribute to the conservation and sustainable use of biodiversity. For more information visit: https://pbafglobal.com/