English

Quantifying firm-level risks from nature deterioration

Risk Management 2025-04-08 v3 Pricing of Securities

Abstract

We estimate the loss of value that companies might suffer from nature overexploitation. We find that global equities shed 26.8% in a scenario of unabated nature decline, while the worst-performing firms lose ~75% of their value. Our risk framework considers five environmental hazards: biodiversity loss, land degradation, climate change, human population and nature capital. We also introduce two metrics to assess nature-related risks: a Country Degradation Index that tracks the damage caused by environmental hazards in specific territories, including nonlinear dynamics and tipping points; and a Nature Risk Score that summarizes the risk that companies face due to the decline of nature and its services.

Cite

@article{arxiv.2501.14391,
  title  = {Quantifying firm-level risks from nature deterioration},
  author = {Ricardo Crisostomo},
  journal= {arXiv preprint arXiv:2501.14391},
  year   = {2025}
}

Comments

28 pages, 5 figures, 5 tables

R2 v1 2026-06-28T21:16:00.684Z