Organisations in eight “real economy” sectors can now refer to TNFD’s tailored guidance to issue their own nature-related disclosures. They are: aquaculture, biotechnology and pharmaceuticals, chemicals, electric utilities and power generators, food and agriculture, forestry and paper, metals and mining, and oil and gas.
The Taskforce on Nature-related Financial Disclosures (TNFD) has added 96 organisations to its list of adopters. In total, 416 organisations from around the world have committed to disclose their material nature-related issues to investors and other stakeholders, according to a June 28 announcement.
TNFD announced at London Climate Action Week a 30% increase in adopters of their corporate reporting recommendations since January, while releasing a suite of sector guidance, including recommended sector-specific disclosure metrics, to support reporting by companies and financial institutions.
