Asset managers to begin reporting on nature-related risks

Taskforce on Nature-related Financial Disclosures

The Taskforce on Nature-related Financial Disclosures (TNFD) has published its final recommendations for companies and asset managers to report on and manage nature-related risks.

The framework took two years to finalise, led by 40 members representing over $20trn in assets under management from 60 countries. Asset managers and industry bodies make strides in promoting nature-positive investment The TNFD's recommendations, which were published alongside guidance, will help market participants get started with integrating assessments and corporate reporting related to nature. The aim of the recommendations is to "inform better decision making by companies and capital providers, and ultimately contribute to a shift in global financial flows toward nature-posit...