Framework published for TCFD-style nature disclosures

Industry feedback sought

The Taskforce on Nature-related Financial Disclosures (TNFD) has released a beta version of its framework for industry feedback.

The TNFD is supported by the United Nations (UN) and was first announced last June as a more specific framework for corporates and financial institutions that would look to replicate the success of the Taskforce on Climate-related Financial Disclosures (TCFD). It then confirmed last October that senior executives from across thirty financial institutions had been elected to serve as taskforce members to build the nature-related risk framework for the finance industry in a bid to start "a shift in global financial flows away from nature-negative outcomes". The beta framework is compris...