AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Outrage + Optimism
271. Getting Nature on the Balance Sheet
Nov 12, 2024
Tony Goldner, Executive Director of the Taskforce on Nature-related Financial Disclosures, sheds light on the recent Biodiversity COP in Colombia. He emphasizes the urgent need for businesses to integrate nature into their risk assessments, discussing how corporate resilience relies on the health of ecosystems. As mandatory nature disclosures gain traction, Tony highlights the role of investors in demanding accountability. He also stresses the importance of actionable sustainability strategies and the invaluable contributions of Indigenous leaders in climate initiatives.
20:24
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Businesses must recognize their dependency on nature for resilience and integrate nature-related risks into financial strategies.
- A significant transition is underway as companies shift from mere awareness of nature-related issues to developing actionable sustainability plans.
Deep dives
Understanding TNFD and Its Importance
The Task Force on Nature-Related Financial Disclosures (TNFD) aims to integrate nature into corporate financial reporting similar to how climate risks have been incorporated through the Task Force on Climate-Related Financial Disclosures (TCFD). Launched in 2021 with G20 backing, TNFD has gained traction, with over 500 companies adopting its recommendations. This initiative emphasizes the need for businesses and financial institutions to recognize their dependency on nature for operational resilience, as sustainable revenue streams are rooted in healthy ecosystems. By bringing nature-related risks to the forefront, TNFD encourages companies to treat these concerns as critical components of their financial strategies.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode