The TNFD's Framework for Nature Disclosures

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In Europe, they have to start reporting from next year. I think we're going to see European companies getting onto nature-related disclosures quite quickly. In some sectors like mining and beverages, for example, I think we'll start to see a lot. Obviously investors are worried about drought conditions, soil erosion.

Biodiversity and nature are gaining attention from companies, investors and governments. At the same time, many stakeholders are in the early stages of measuring and understanding nature-related risks.

In this episode of ESG Insider, we sit down at the GreenFin conference with Tony Goldner, Executive Director of the Taskforce on Nature-related Financial Disclosures (TNFD). He explains how TNFD’s soon-to-be-finalized set of disclosure recommendations could help companies understand their nature-related risks and increase investment in nature-related climate solutions.

"These two things are inextricably linked, and the solutions to one will enable solutions to the other," Tony tells us. "The science is increasingly clear: We're not going to get to net-zero if nature is not absolutely at the core of the solution set."

Read research from S&P Global Sustainable1 on nature-related risks and dependencies here: https://www.spglobal.com/esg/insights/featured/special-editorial/how-the-world-s-largest-companies-depend-on-nature-and-biodiversity

Listen to the episode of the ESG Insider podcast where we cover the U.N.’s COP 15 biodiversity, which resulted in a landmark agreement for nature known as the Global Biodiversity Framework: https://www.spglobal.com/esg/podcasts/on-the-ground-at-cop15-how-business-is-getting-to-grips-with-biodiversity

Read the S&P Global Sustainability Quarterly here: https://www.spglobal.com/esg/insights/featured/sustainability-journal/second-quarter-2023-edition-solving-sustainability-challenges

Photo source: Getty Images

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