Sea lifeBiodiversity is being lost at a pace that is often described as an extinction event. Biodiversity simply refers to the variety of life on earth. This variety represents a resilience for humanity as it offers different functions that are sometimes clear (such as food) but more often than not it services are indirect. While biodiversity has been studied within academia for centuries its loss has recently become more of a concern to business and policy makers and terms such as ‘Natural Capital’ and ecosystem services have been adopted. How to capture biodiversity risk and potentially quantify it is now a focus of many different initiatives.    

Natural Capital: An Overview”, POSTNote

This document explores the use of natural capital and monetisation of nature, within the context of business decision making. It outlines benefits and challenges associated with the approach. Download the briefing on the Parliament UK website

DEFRA’s Enabling a Natural Capital Approach Guidance

This Guidance is intended for those who are looking to learn more about natural capital and environmental valuation and need practical guidance. It forms part of a suite of Defra resources collectively called “Enabling a Natural Capital Approach” (ENCA). Other ENCA resources are referenced throughout the text. Download the guidance on GOV.UK.

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Events calendar

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Fully booked.

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

  • Spaces available

    The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.

  • Spaces available

    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • GIRO 2021 Webinar Series

    8 November 2021 - 19 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.

  • Spaces available

    This is a free webinar with an expert panel providing their views on the ongoing IFoA consultation for proposals regarding changes to the regulatory framework on climate change and sustainability.

    The regulatory consultation sets out, for feedback some proposed approaches that the IFoA are considering in relation to charter commitments under the UK’s Green Finance Education Charter (GFEC) and the regulatory framework, including the Actuaries’ Code.

  • Life 2021 Webinar Series

    22 November 2021 - 26 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector.

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.