GIST Impact Partners With Global Canopy To Help Banks Assess Deforestation Risk

GIST Impact has partnered with Global Canopy to help financial institutions manage deforestation risks more effectively. The company said the goal is to support banks and investors in understanding how deforestation affects their financial choices, using data tools that improve clarity and responsibility. The partnership aims to bring more funding to projects that benefit both individuals and the environment.

GIST Impact will add Global Canopy’s Forest IQ and Forest 500 datasets to its analytics platform through this partnership. The company said this will help financial institutions identify which companies face the highest deforestation risks and how they are dealing with them. It noted that this approach can improve investment decisions and support wider sustainability efforts.

Forest 500 Ranks Top Companies By Their Forest Protection Efforts

Global Canopy’s Forest IQ dataset reviews how around 2,400 major companies are connected to deforestation risks. The firm said it looks at the supply chains of these companies and how they handle risks. This helps financial institutions understand the impact companies have on forests and where they need to improve.

The Forest 500 database lists the most influential companies and financial institutions based on their impact on deforestation. Global Canopy said the rankings are based on the strength of their deforestation policies and how well they are doing in practice. This helps investors spot major players with forest-related risks and work with them to improve their actions.

Now available on GIST Impact’s platform, these datasets will help financial institutions understand deforestation risks in their portfolios. The company said this will support investors in checking what matters most, reviewing company efforts, and making more environmentally responsible decisions. This method brings clarity and solid data to an ESG area that has often lacked clear standards.

Global Canopy’s Data Gives Investors Clear Insights To Tackle Forest Risks

GIST Impact believes that with better access to this kind of data, financial institutions can move forward on both climate and biodiversity goals at the same time. It said using nature-focused information in investment planning can lead to stronger long-term outcomes and reduce risks tied to environmental damage. GIST Impact sees this as a timely shift in how finance relates to nature

Pavan Sukhdev, Founder and Chief Executive of GIST Impact, said deforestation damages ecosystems and creates serious financial risks that investors can’t overlook. He revealed that adding Global Canopy’s data to the platform will give investors clear and useful insights, helping them take informed action on deforestation risks.

Niki Mardas, Executive Director at Global Canopy, said the partnership will help more organisations access their data and understand their impact on forests and nature. He noted that protecting forests is important for keeping nature and the climate healthy. According to Niki, businesses that act now will be stronger in facing future challenges.

Both companies view this partnership as an important move toward a more responsible financial system. By combining reliable deforestation data with investor tools, they aim to transform financial decision-making.