How dependencies and impacts on nature can create financially material risks and opportunities for businesses

The Taskforce on Nature-related Financial Disclosures (TNFD) and its partners are releasing two publications that illustrate the relationship between dependencies and impacts on nature and risks and opportunities to corporates and financial institutions, and the material financial effects:

• The Environmental Change Institute at the University of Oxford and TNFD are releasing a paper on the evidence of financial effects resulting from nature-related risks. The paper presents learnings from both existing publicly available evidence and companies’ own measurement methods that could demonstrates the material financial implications of nature-related risks for companies and recommends how to improve this evidence.
• GRI and TNFD are releasing a series of case studies of businesses reporting on nature-related issues. These cases explain how report preparers can use GRI’s impact materiality approach and the TNFD LEAP approach to identify nature-related risks and opportunities under a financial or double materiality lens, illustrating how these risks and opportunities can originate from dependencies and impacts on nature.

These provide insights for both corporates and financial institutions that are considering or already embarking on nature-related assessment and reporting, and for standard setters and regulators.

We invite senior representatives of companies and financial institutions, in particular those in finance and risk departments, to register for this event.

If you are interested in attending, please email [email protected]