The Next Nut in the Bowl to Crack M Is Data

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The next phase of the work that tass fors will be around senarios. We're hoping to put ot a first discussion paper in november on the approach to sonaris for feedback, and then the guidance inn february. And we don't yet have the clear policy equivalent of the paris agreement for transition pathways. Soi that's going to be a fascinating, a fascinating challenge. The second nut in the bowl to crack m is around data. I think it was really positive, ind that there's plenty out there for data and analytics. But it also hih lighted some significant gaps, which i would highlight.

The rapid decline of the world's biodiversity poses big financial risks to businesses and the global economy. One of the organizations working to help companies assess, report and act on these risks is the Taskforce on Nature-related Financial Disclosures, or TNFD.

The TNFD has been busy since forming in 2021 — releasing beta disclosure frameworks and launching pilot projects to test out these frameworks. In this episode of the ESG Insider podcast, we speak with one of the experts deeply involved in crafting the frameworks, Emily McKenzie, who is Technical Director of the TNFD Secretariat.

"We're trying to create a framework that's global, aligned with the global sustainability reporting baseline, but also flexible to be applicable in jurisdictions that may be more ambitious than that," Emily tells us.

Listen to our episode featuring an interview with TNFD co-chair Elizabeth Mrema here: https://soundcloud.com/esginsider/the-new-task-force-in-town

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Photo credit: Getty Images

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