Taskforce on Nature-related Financial Disclosures (TNFD): Public consultation on framework until 06/01/2023

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Taskforce on Nature-related Financial Disclosures (TNFD): Public consultation on framework until 06/01/2023

The Taskforce on Nature-related Financial Disclosures (TNFD) has released its fourth and final beta framework for nature-related risk management and disclosure.

© TNFD
28 March 2023: The release includes a proposed approach to disclosure metrics and marks the fourth and final draft of the framework, with the TNFD on track to publish its final recommendations in September 2023. Over 200 organizations are currently pilot testing aspects of the draft framework around the world and across sectors: the core concepts and definitions; the proposed risk and opportunity assessment approach (LEAP); and the draft disclosure recommendations aligned with those of the Task Force on Climate-related Financial Disclosures (TCFD).

TNFD is developing a global framework for risk management and disclosure, not a standard, which is designed to inform relevant standards including those from the International Sustainability Standards Board (ISSB) and the Global Reporting Initiative (GRI), both knowledge partners to the TNFD.
 
Following a final 60-day consultation process, from 30 March to 1 June 2023, the TNFD’s final recommendations based on final feedback and pilot testing (v1.0) will be published in September 2023.

Explore the framework: https://framework.tnfd.global/

Author: GNF
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