
Taskforce on Nature-related Financial Disclosures: What is it, why it matters and how we can help
by Emily Willoughby, James Balik-Meacher
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The International Financial Reporting Standards (IFRS) is currently consulting on formally aligning with the Taskforce on Nature-related Financial Disclosures (TNFD) framework – raising the likelihood that nature-related disclosures could become mandatory in the coming years, following a similar trajectory to the Australian Sustainability Standards requirement for climate reporting.
This shift is driven by accelerating nature loss across the world. As biodiversity loss, ecosystem collapse and natural resource shortages climb the global risk agenda, organisations are facing growing pressure to identify and disclose their nature-related risks and opportunities.
To learn more about how our experts are here to support businesses through implementing robust, science-based actions, contact Emily or James today.
Catch up on the article and project example below, to learn more about the support and solutions our specialists are providing clients navigating the TNFD framework.