TNFD publishes its recommendations for nature-related risk management and disclosure
TNFD publishes its recommendations for nature-related risk management and disclosure
The Task Force on Nature-related Financial Disclosures (TNFD) has published its recommendations for nature-related risk management and disclosure.
The recommendations build on those of the Task Force on Climate-related Financial Disclosures (TCFD) and are consistent with the global sustainability standards of the International Sustainability Standards Board (ISSB) and the impact materiality approach used by the Global Reporting Initiative (GRI) and incorporated into the new European Sustainability Reporting Standards (ESRS).
The recommendations are structured around the same four pillars as the TCFD recommendations:
The recommendations may be accessed here.
The recommendations build on those of the Task Force on Climate-related Financial Disclosures (TCFD) and are consistent with the global sustainability standards of the International Sustainability Standards Board (ISSB) and the impact materiality approach used by the Global Reporting Initiative (GRI) and incorporated into the new European Sustainability Reporting Standards (ESRS).
The recommendations are structured around the same four pillars as the TCFD recommendations:
- Governance
- Strategy
- Risk and Impact Management
- Metrics and Targets
The recommendations may be accessed here.