Sustainable Finance

Federated Hermes and Natural History Museum Announce Tie Up for Equity Fund Focused on Biodiversity

Published on: 23 March 2022 06:57 PM
by KnowESG

The Natural History Museum provides data insights to Federated Hermes for the new Biodiversity Equity Fund. Ingrid Kukuljan, Federated Hermes' head of impact and sustainable investing, will manage the new fund. Ingrid Kukuljan will invest in portfolios of several companies and help preserve and restore biodiversity.

The Fund, classified as article 9 under the Sustainable Finance Disclosure Regulation, aims at increasing capital through investing in companies that are helping to preserve and restore biodiversity.

The fund mainly has the following themes:

  • Land pollution

  • Unsustainable living

  • Climate change

  • Deforestation

  • Unsustainable farming

  • Marine pollution and exploitation

Every theme has several sub-verticals that are aligned with UN Sustainable Development Goals. 

Specialist with Federated Hermes, Sonya Likhtman, will engage with companies on climate change, deforestation, sustainable food systems and plastics.

Kukuljan and her team use the data provided by Natural History Museum to support investment decisions for the new fund. The museum will receive 5 per cent of the fund's net management fee donated by Federated Hermes.

The Biodiversity Intactness Index (BII) will estimate biodiversity loss using a combination of land use, ecosystem, species and population data. 

In 2021, the index opened through an online tool, the Biodiversity Trends Explorer, which allows users to estimate and compare the state local ecosystem biodiversity among countries.