CAS E STUDI ES
What?
Ho w ?
Client Value?
Aviva's 2025 nature-related DIRO assessment involved a screening of nature-related dependencies and impacts across its investments and insurance (underwriting and claims) portfolios, an evaluation of location specific nature-related dependencies and impacts of a sub-set of priority sectors and Aviva's own operational sites, and the development of micro-level, location-specific nature related scenario analysis to assess a sub set of nature-related risks and opportunities at firm-and-market levels relevant to Aviva's financial portfolios.
The 2025 nature-related DIRO assessment methods and insights were developed and delivered in deep collaboration with stakeholders from across Aviva. This ensured that the assessment methods were auditable and replicable, the process built capacity across stakeholders, and the insights were targeted to inform potential activities and actions across the Group. The insights from the 2025 nature-related DIRO assessment, along with other internal work, are now being used to inform the formalisation of Aviva's Group nature strategy, and support the development of nature-related risk appetite and preferences.
TBC supported Aviva in conducting its 2025 Group-wide nature-related dependencies, impacts, risks and opportunities (DIRO) assessment across its investments, insurance and own operations. This work built on Aviva's previous nature-related assessment work, and drew on the Taskforce on
Nature-related Financial Disclosures (TNFD) ‘LEAP’ approach.
Transition
Integration
TBC designed and delivered a series of four full-day workshops tailored to the needs of Finnish financial institutions. We developed a bespoke approach to TNFD LEAP, treating impacts and dependencies separately. Training materials were adapted to varying levels of participant expertise, included practical exercises using screening tools and geospatial datasets, and featured examples drawn from Finnish nature and business contexts. To support positive outcomes, participants produced an action plan to translate learnings into concrete outcomes. TBC drew on its expertise and experience supporting development banks with nature finance methodologies to detail the positive impact pathways for nature of activities in the frameworks. Three categories of pathway were utilised: 1. Enabling (e.g. technologies to monitor deforestation) 2. Reduction (e.g. adoption of regenerative agriculture practices to reduce runoff) 3. Restoration (e.g. restoration)
Provides the foundation for Barclays to understand and track its financing activities on the subject of nature
Supported Barclays to enhance its Sustainable and Transition Finance Frameworks by explicitly assessing how qualifying activities contribute to the goals of the Global Biodiversity Framework.
Participants gained a structured, scalable methodology for applying TNFD LEAP, even with limited data. Institutions were equipped to identify material nature-related exposures, prioritise sectors and geographies, and begin shaping nature-related strategies and targets. Action plans ensured the training would lead to tangible results, and participants were able to provide internal stakeholders with access to leading nature finance expertise. The final publication offered a replicable roadmap for others in the sector, supporting broader TNFD adoption and alignment with the Global Biodiversity Framework. Reflect client transition plans increasingly including nature alongside climate Help position Barclays at the forefront of the nature finance agenda Concrete identification of financing opportunities at the climate–nature nexus
Transition
Integration
Sitra, the Finnish Innovation fund, sought to accelerate nature-related action across the Finnish finance sector by helping banks and asset managers apply the TNFD LEAP framework. The goal was to equip institutions with practical, context-specific guidance to assess nature-related impacts, dependencies, risks, and opportunities, and begin integrating these into decision-making, strategy, and reporting.
Acti vation
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