Task Force on Nature-Related Financial Disclosures

TNFD is a framework for organisations to report and act on their nature-related dependencies, impacts, risks and

Who qualifies?

Disclosures are currently voluntary, but it’s likely the framework will become mandated similar to TCFD.

Why it matters

1

Encourages transparency from companies on the impact they have on nature

2

Makes it easier for investors to identify companies that align with their values

3 Captures information that helps assess the stock of natural capital and value of nature to society.

4

Integrates nature into business decision-making and shifts action and finance away from nature-negative outcomes.

5

Reporting areas

Governance

What are your dependencies on nature?

Strategy

What natureimpacts does your business cause or contribute to?

Risk management

What risks do you face dependencies and impacts, both reputational and from depletion of resources?

Metrics and targets

How can your business benefit from nature mitigating negative impacts and making a positive impact?

Benefits

Increased transparency for investors on how organisations are impacting the natural world

Encourages nature-positive actions and activities

Full disclosure of risks and positive approaches underpins an ESG strategy

Creates a risk management framework which provides assurance to insurers.

Supports an achievable nature-positive strategy

Embeds a nature-positive approach into the corporate culture