This EthiFinance study examines how biodiversity loss and ecosystem degradation can translate into financial risk for CAC 40 companies. Based on a biodiversity stress-test methodology, it assesses how biodiversity-related shocks may affect companies’ value chains, sector exposure, and potential credit resilience.

• How biodiversity-related risks can affect the financial resilience of large listed companies
• Why exposure to biodiversity risks varies across sectors and value chains
• The role of water stress as a key transmission channel for biodiversity-related risk
• How credit quality can influence companies’ ability to absorb biodiversity-related shocks