A new data analytics platform aims to help corporates and investors understand and disclose nature impacts by measuring greenhouse gas (GHG) emissions, deforestation, and biodiversity risk across locations and value chains. Based on technology provider FLINTpro’s Advanced Analytics product, RegIQ uses integrated nature data and proprietary modelling capabilities to generate risk reviews and assessments. According to the firm, RegIQ enables clients to produce and validate reporting with transparent methodologies and risk ratings, addressing current and upcoming regulations as well as voluntary commitments. The platform uses dedicated modules to measure the impact and performance of firms’ value chains with regard to deforestation, including compliance with the EU Deforestation Regulation (EUDR); land-use emissions, measuring changes in line with GHG Protocol guidelines; and biodiversity, providing location-specific risk metrics in adherence to the recommendations of the Taskforce on Nature-related Financial Disclosures. The EUDR requires that supply chains for imported goods sourced from wood, rubber, palm oil, soy, cattle, coffee and cocoa be free from deforestation. In addition, RegIQ supports compliance with emissions standards and reporting frameworks such as the EU Corporate Sustainability Reporting Directive, the Partnership for Carbon Accounting Financials, and the Task Force on Climate-related Financial Disclosures (TCFD). “Intelligence surrounding nature allows for better analysis of investments. With linked high-risk sourcing regions in any given supply chain, investors can quickly identify pivotal operational changes,” said Rob Waterworth, Co-founder and Chief Science and Innovation Officer at FLINTpro. “For any physical commodity, investors will understand emissions and biodiversity impacts and ultimately long-term risk.”
