ERM, the world’s largest specialist sustainability consultancy, has completed an assessment of nature-related impact and risk management practices for Japanese seafood and food manufacturer Nissui Corporation (Nissui). The assessment was undertaken as part of Nissui’s use of a new financial product, "Impact Finance for Nature", which was developed by Sumitomo Mitsui Trust Bank, Limited (SuMi TRUST Bank) with advisory support from ERM.

The “Impact Finance for Nature” loan is designed to support businesses in reducing negative environmental impacts and contributing positively to nature. The fisheries industry is dependent on natural resources and ecosystems, and ERM's Nature Management Maturity Assessment Report for Nissui provides a comprehensive evaluation of the company’s nature-related impact and risk management practices across the following areas:

Impact Assessment:  Evaluation of the suitability of KPIs, the adequacy or ambitiousness of target levels, and the appropriateness of response measures for the identified material nature-related impacts.

Natural Capital Management Assessment (TNFD-aligned assessment): Assessment of governance, risk management and strategic integration of nature-related considerations in alignment with the TNFD framework, including dependency and impact pathways.

As part of the assessment, ERM also provided guidance on areas to focus on to advance Nissui’s nature journey.

Kosuke Kanematsu, Sustainable Finance Partner at ERM, commented: "ERM is proud to support Nissui and SuMi TRUST Bank in pioneering nature-focused impact finance in Japan.

“This initiative marks a significant step forward in integrating nature-related considerations into financial decision-making. By applying ERM’s rigorous assessment approach, developed in line with TNFD, SBTN, and ultimately the Kunming-Montreal Global Biodiversity Framework (GBF) Target 15, we ensure that businesses not only understand their impact on nature but also take meaningful action to help shape a sustainable future that includes the protection and restoration of nature.”

About ERM

Sustainability is our business.

As the world’s largest specialist sustainability consultancy, ERM partners with clients to operationalize sustainability at pace and scale, deploying a unique combination of strategic transformation and technical delivery capabilities. This approach helps clients to accelerate the integration of sustainability at every level of their business.

With more than 50 years of experience, ERM’s diverse team of 8000+ experts in 40 countries and territories helps clients create innovative solutions to their sustainability challenges, unlocking commercial opportunities that meet the needs of today while preserving opportunity for future generations.  Learn more here.