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Nature related disclosures / TNFD

Simple Data, In Context

Understand Business-Nature interfaces to future-proof your operations and strategies.
Nature underpins the world’s society, economy, and financial systems. The Taskforce on Nature-related Financial Disclosures (TNFD) has developed a risk management and disclosure framework for businesses to identify, assess, manage and, where appropriate, disclose nature-related issues.

TNFD recommendations build on climate-related financial disclosures (CRDs, managed by the TCFD). International and European reporting standards already emphasise the need to disclose nature-related impacts and align with TNFD (European Sustainability Reporting Standards, Corporate Sustainability Reporting Directive, ISSB, CDP). There is increasing awareness of directors’ duties to manage nature-related risks. With customers and investors becoming more savvy around environmental impacts, it is prudent for businesses to take stock of nature-related risks and opportunities in preparation for market and regulatory pressures. 

Accounting for Nature

Nature-related disclosures will help you understand how your business depends on and impacts nature, and the current and future risks and opportunities.

Reduce your risks

Identify and manage your nature-related risks to make your business more resilient.

Communicate with your stakeholders

Provide the information your customers, staff, investors and stakeholders are asking for, in the format that best meets their needs.

Demonstrate leadership

Become leaders in environmental reporting, with 10 Planetary Footprints, illuminating high priority areas and high impact actions.

Future-proof your business

Understand how your business operations depends on nature, the risks involved, and future proof you strategies and decision making. 

Identify business opportunities

Identify and act on business nature-related opportunities.

Gain deeper insights

Map your business operations and supply chain and understand more about how your business depends on nature.

HOw we can help

Our team can work with you through all stages of TNFD, following the recommended LEAP approach:

SCoping the Assessment

Understand what nature-related disclosures are and what they mean to your organisation and industry

Locate

Identify and map your business operations, geographies, and supply chain to understand where and how your business activities interface with nature 

Evaluate

Build on the 'Locate' phase to understand your high-level dependencies and impacts on nature by prioritising your environmental assets and defining materiality for your organisation and industry. 

Combine location specific analysis of impacts and dependencies on nature with a Planetary Accounting assessment and science-aligned targets to understand your impacts in context of global limits (the Planetary Boundaries). 

Assess

Identify, assess and prioritise risks and opportunities across your value chain.

Prepare

We'll help you to respond to, and report on, material nature-related issues, aligned with the TNFD’s recommended disclosures.

To get you started we can help with gap analysis, readiness planning, knowledge and capacity building and how to integrate TNFD reporting into your current TCFD and ESG reporting. 

Want to know more?

 

Contact our team to discuss how we can support your nature positive journey.
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