How Much Does your Business Depend on Nature? Getting Ready for Nature-Related Financial Disclosures

The Taskforce on Nature-Related Financial Disclosures (TNFD) will launch on September 18th in the US and at this Building Bridges plenary in Europe. The launch has the potential to shift finance to better align with the nature on which it relies. The vital importance of nature and biodiversity in achieving climate goals means regulatory frameworks worldwide are evolving swiftly to integrate them into practices. Investor interest in biodiversity has been steadily gaining momentum, driven by the recognition that the need to address biodiversity is closely tied to achieving the net-zero carbon goals. Further, investors are becoming aware that degradation and loss of nature can have far reaching consequences, including disruptions to supply chains, increased business risks, and reputational damage.