Taskforce on Nature-related Financial Disclosures (TNFD)
TNFD Disclosure Recommendations
The TNFD Disclosure Recommendations provide companies and financial institutions of all sizes with a risk management and disclosure framework to identify, assess, manage and, where appropriate, disclose nature-related issues.
Use this resource for the following Actions of Impact Management:
- Communicate: Ensure consistency of language, structure and approach with both the Task Force on Climate- related Financial Disclosures (TCFD) and the International Sustainability Standards Board (ISSB), to enable integrated climate- and nature-related reporting.
Guidance on the identification and assessment of nature-related issues: The LEAP approach
This guidance outlines how to to identify, assess, manage and disclose nature-related issues through the ‘LEAP’ approach (Locate, Evaluate, Assess, and Prepare). It is designed for use by organisations of all sizes, and across all sectors and geographies..
Use this resource for the following Actions of Impact Management:
- Identify: Understand an organisation’s potentially material sources of nature-related dependencies, impacts, risks and opportunities.
- Measure, assess and value: Understand which nature-related risks and opportunities are material and should be disclosed by the organisation. This is done through the identification, measurement and prioritisation of nature-related risks and opportunities originating from the identified dependencies and impacts on nature (see Identify above).
- Set targets and plan: Help achieve a particular corporate goal aligned with the organisation’s mission and values (such as aligning with the targets and goals of the Kunming-Montreal Global Biodiversity Framework (GBF)).