Automotive Sector

Relations of the automotive sector to biodiversity are multifaceted and expand along the value creation chain. Along the path of raw material extraction over production and use to waste management of automobiles there are a range of ecological impact

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Kering releases its first group-wide Environmental Profit and Loss Account (E P&L)
With the preparation of the E P&L Kering measured its enviornmental impact along the supply chain and open-sourced the full methodology so that companies can learn how to value their impacts and dependencies on natural capital.

World's largest sovereign wealth fund takes stand against deforestation
Norway's Government Pension Fund Global — the world's largest sovereign wealth fund — is adopting standards to avoid investing in companies linked to tropical deforestation, sending a strong signal that forest destruction is not an acceptable practice for responsible businesses, reports Rainforest Foundation Norway.

New EU financing instrument for preservation of natural capital
The European Commission and the European Investment Bank (EIB) have launched a new financial instrument to drive investment in preservation of natural capital.

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