TNFD

The Taskforce on Nature-related Financial Disclosures (TNFD) provides a framework for organizations to identify, assess, and disclose their nature-related dependencies, impacts, risks, and opportunities. It extends the logic of climate disclosure to nature and biodiversity.

TNFD's recommendations follow the same four-pillar structure as the TCFD: governance, strategy, risk and impact management, and metrics and targets. To help organizations get started, TNFD also published the LEAP approach (Locate, Evaluate, Assess, Prepare) as a practical method for nature-related assessment.

TNFD is voluntary, but it is increasingly referenced as nature and biodiversity move up the agenda for companies and investors, and it connects to frameworks such as the Global Biodiversity Framework.

For practitioners, TNFD is driving demand for skills in nature and biodiversity risk assessment, natural capital, and ecosystem data, particularly in sectors with significant land and resource footprints.