Nature-related Risk & Opportunity Management and Disclosure Framework#
The Taskforce on Nature-related Financial Disclosures (TNFD) is developing the TNFD framework through an open innovation approach with market participants and with the benefit of the expertise provided by a global network of knowledge partners from science, standards, data, technology, finance, business, policy and regulation. #
In a document and an accompanying online portal an initial beta version (v0.1) of the TNFD framework s presented. It represents the beginning of the TNFD’s consultation and pilot testing with market participants. This feedback and testing approach will inform subsequent releases of beta versions through 2022 and 2023 before the Taskforce launches its final recommendations in late 2023. #The TNFD framework seeks to provide recommendations and guidance on nature-related risks and opportunities relevant to a wide range of market participants, including investors, analysts, corporate executives and boards, regulators, stock exchanges and accounting firms.#
- A. An outline of fundamental concepts and definitions for understanding nature#
- B. TNFD’s draft disclosure recommendations#
- C. Guidance for corporates and financial institutions to undertake nature-related risk and opportunity assessment and incorporate into their enterprise strategy and risk management processes.#
As it is planned to release a second Beta version (v0.2) already in June 2022, anyone interested in the subject should consult the document and give their feedback on the online portal. #
Nature-related Risk & Opportunity Management and Disclosure Framework#
The Taskforce on Nature-related Financial Disclosures (TNFD) is developing the TNFD framework through an open innovation approach with market participants and with the benefit of the expertise provided by a global network of knowledge partners from science, standards, data, technology, finance, business, policy and regulation. #
In a document and an accompanying online portal an initial beta version (v0.1) of the TNFD framework s presented. It represents the beginning of the TNFD’s consultation and pilot testing with market participants. This feedback and testing approach will inform subsequent releases of beta versions through 2022 and 2023 before the Taskforce launches its final recommendations in late 2023. #The TNFD framework seeks to provide recommendations and guidance on nature-related risks and opportunities relevant to a wide range of market participants, including investors, analysts, corporate executives and boards, regulators, stock exchanges and accounting firms.#
- A. An outline of fundamental concepts and definitions for understanding nature#
- B. TNFD’s draft disclosure recommendations#
- C. Guidance for corporates and financial institutions to undertake nature-related risk and opportunity assessment and incorporate into their enterprise strategy and risk management processes.#
As it is planned to release a second Beta version (v0.2) already in June 2022, anyone interested in the subject should consult the document and give their feedback on the online portal. #