Tag: Taskforce on Nature-related Financial Disclosures

The Taskforce on Nature-related Financial Disclosures (TNFD) releases its fourth and final beta framework for nature-related risk management and disclosure. This release marks the fourth (v0.4) and final draft of the framework with the TNFD on track to publish its final recommendations in September 2023. For the first time, market participants can view a full representation of the framework, including the Taskforce’s proposed approach to disclosure metrics.  Since the start of its work in October 2021, the TNFD’s open and iterative approach to the design and development of the framework…

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The Taskforce on Nature-related Financial Disclosures (TNFD) has released the first beta version of its nature-related risk-management and disclosure framework, marking an important step by the market to tackle the risk of nature-loss to the global economy and reduce the impact on nature. With half of the world’s GDP moderately or highly dependent on nature and its services, financial institutions and businesses can no longer afford to overlook nature in strategy, risk management and capital allocation decision making. Dependencies and impacts on nature are posing risks to businesses, investors, and…

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