For Private Markets

Nature is emerging as a material investment consideration across private markets.

Driven by growing LP expectations, the conversation is shifting from whether firms are considering nature to how they are identifying and managing nature-related risks and opportunities across their portfolios. While the market remains relatively nascent, many GPs are taking practical first steps to understand where nature could become financially material.  

The Biodiversity Consultancy supports private market investors at every stage of their nature journey. For some firms, that means building internal capability. For others, it involves screening portfolios, assessing financial implications, or embedding nature into investment processes. These services can form part of a wider roadmap or be delivered as standalone interventions, depending on an investor's objectives and level of maturity.  

Building internal capability on nature 

Nature remains a relatively new topic for many investment professionals. Through tailored training and workshops, we help investment teams, sustainability functions and portfolio companies understand where nature-related risks and opportunities may arise, how they relate to investment performance, and what actions are proportionate for their portfolios. This creates the internal understanding and confidence needed to support investment decisions and future action.  

Screening portfolios for nature-related risks and opportunities

Nature-related risks are not equally material across every asset, sector or portfolio company. Our screening services help investors rapidly identify and prioritise nature-related dependencies, impacts, risks and opportunities across portfolios. 

Using portfolio information, screening tools and location-based datasets, we identify priority exposures, key risk drivers and areas where deeper analysis may be warranted. This enables investors to focus resources, engagement and management attention where they are likely to deliver the greatest value.

Assessing nature-related financial materiality

Once priorities have been identified, investors often want to understand what those risks mean in practice.

We help clients assess how nature-related issues could affect operations, costs, revenues, resilience and long-term value through location-based analysis, scenario assessment and materiality-focused approaches. By translating nature-related issues into decision-useful insights, investors can better understand potential financial exposure and identify opportunities to enhance resilience and value creation.

Integrating nature into fund strategy and management

Understanding risks is only part of the picture. Investors increasingly want to embed nature into the way investment decisions are made.

We help firms integrate nature into governance, due diligence, investment processes, stewardship activities and reporting. Whether strengthening existing sustainability frameworks or responding to evolving LP expectations, our focus is on developing practical approaches that are proportionate, scalable and aligned with investment objectives. This helps firms move from assessment to implementation and build a more consistent approach to managing nature-related issues across the investment lifecycle.  

As expectations continue to evolve, investors do not need all the answers immediately. What matters is having a credible process for understanding where nature is relevant and prioritising action. Firms that begin building that capability today will be better positioned to manage risk, strengthen portfolio resilience and support long-term value creation.