The study, which analysed 700 listcos across 11 industries and 14 Asia-Pacific jurisdictions, focused on four key pillars: governance, strategy, risk and impact management, and metrics and targets.
Nature-related disclosure among Asia-Pacific companies remains nascent, with only 13% of 700 listed companies (listcos) in the region having disclosed their alignment with the Taskforce on Nature-related Financial Disclosures (TNFD) framework.
The inaugural study on nature-related reporting and climate transition plans by luxury group Kering and the Centre for Governance and Sustainability (CGS) at the National University of Singapore (NUS) Business School reveals “significant gaps” in nature-related reporting and low adoption of TNFD among companies in the region, according to a Jan 13 announcement.
