The CSRD Effect: How Regulation is Elevating Nature Risk
Release Date: 02/13/2025
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A Different Kind of Bank: How to Embed Impact in Finance
Climate Risk Podcast
Hear from Sian Williams, Chief Risk Officer at Triodos Bank UK, as we examine how values-led banking can generate positive impact for people, planet and the financial system. When we think about sustainable finance, the conversation often revolves around targets, disclosures and voluntary alliances. But what happens when sustainability is not an add-on, but the foundation of a bank’s entire business model? If sustainability is the starting point, lending decisions inevitably look different, and more complex. Not everything can be reduced...
info_outlineHear from Sebastian Leape, CEO of Natcap, as we explore how regulation such as the Corporate Sustainability Reporting Directive (CSRD) is pushing nature risk to the top of firms’ sustainability agendas.
At GARP, we’ve been benchmarking financial firms’ climate and nature risk management capabilities since 2019, and we see that nature is lagging climate risk by several years. But things are changing, and part of that change is driven by new regulations – such as the EU’s Corporate Sustainability Reporting Directive or CSRD – where firms are being asked to report on a range of sustainability issues in a lot more depth than they’re used to.
Given the complexity, this episode provides a deep dive into some of the challenges facing firms. We discuss:
- Why nature is lagging climate in both understanding and action;
- The key emerging nature-related regulations and how they fit together; and
- Some useful ways for firms to begin tackling these issues.
To find out more about the Sustainability and Climate Risk (SCR®) Certificate, follow this link: https://www.garp.org/scr
For more information on climate risk, visit GARP’s Global Sustainability and Climate Risk Resource Center: https://www.garp.org/sustainability-climate
If you have any questions, thoughts, or feedback regarding this podcast series, we would love to hear from you at: climateriskpodcast@garp.com
Speaker’s Bio(s)
Sebastian Leape, CEO, Natcap
Seb leads the team at Natcap, a nature intelligence firm on a mission to embed nature into business decision making by helping companies measure, report and act on their nature related impacts and dependencies.
Seb’s career has been focused on trying to make our economic system more sustainable. He has worked as a sustainability consultant at McKinsey, helping businesses and governments define and embed climate and nature goals, and also as a policy advisor, teacher, and researcher.