Schroders today announces it has joined the Natural Capital Investment Alliance (NCIA), which aims to accelerate the development of Natural Capital as a mainstream investment theme.
This announcement, on day two of the COP26 World Leaders' Summit in Glasgow, formed part of an event focussed on how action on forests and land-use can contribute to keeping the 1.5 temperature goal in focus and support sustainable livelihoods.
NCIA was created by His Royal Highness, the Prince of Wales, as part of his Sustainable Markets Initiative (SMI) launched at Davos in 2020. Its members have plans to launch, or have launched, investment products aligned to Natural Capital themes. These encompass strategies such as direct investments in sustainable forestry and land management.
Dame Elizabeth Corley, Chair-Designate of Schroders plc said:
“Schroders is very pleased to announce today that it is joining the Alliance as part of His Royal Highness’ Sustainable Markets Initiative. This Alliance demonstrates the commitment of the investment industry to play a major role in forging a pathway towards a mainstream market for natural capital. As an industry, we now need to find entirely new ways of mobilising capital, innovating how we deploy money towards outcomes that benefit the climate, biodiversity and communities around the world.
“As NCIA members, we will be working to help drive this shift in the financial system, which is critical to scale finance for the activities that can ultimately build towards a just, nature-positive economy.”
Earlier this year, Schroders and Oxford Sciences Innovation announced their investment into Natural Capital Research (NCR), focused on accelerating the development of NCR’s online platform to map natural capital assets globally.
His Royal Highness, The Prince of Wales said:
“The interdependence between human health and planetary health has never been clearer. But time is fast running out. As we urgently seek to rescue the situation, we must look to invest in Natural Capital as the engine of our economy.
“I created the Natural Capital Investment Alliance as part of my Sustainable Markets Initiative to help us arrive at a common language on Natural Capital investment and make it mainstream. It is vital that we put money to work in the right way and improve the flow of capital.”
The SMI is a network of global CEOs working together to build prosperous and sustainable economies that generate long-term value through the balanced integration of natural, social, human and financial capital.
Earlier this year Schroders pledged its allegiance to the Terra Carta to build a sustainable, a new global business proposition launched by his Royal Highness The Prince of Wales and founder of the Sustainable Markets Initiative (SMI).