Home » Resource Database Report TNFD in a Box: understanding and assessing nature-related issues Authoring Organisation Global Canopy Publish Date December 2023 Read the report (TNFD in a Box: understanding and assessing nature-related issues)(This link will take you to an external website) About this ReportAs the spotlight on nature loss and climate change intensifies, there is growing acknowledgement globally of the urgent need for companies and financial institutions to understand and reduce their role in driving these twin crises, and to address the growing risks of declines in the resilience of nature for business and finance. In September 2023, the Taskforce on Nature-related Financial Disclosures (TNFD), launched final recommendations for businesses and financial institutions to report, and act on, their evolving nature-related dependencies, impacts, risks and opportunities. To support companies and financial institutions with understanding nature in relation to business and finance, and what is involved with getting started with the TNFD recommendations, TNFD has begun the roll-out of a new educational resource, TNFD in a Box. Read the report (TNFD in a Box: understanding and assessing nature-related issues)(This link will take you to an external website) Related resources When the bee stings: counting the cost of nature-related risks BloombergNEF, December 2023 BloombergNEF have published a timely series of case studies, in consultation with TNFD, showcasing how nature risks have materialised into significant financial consequences for leading companies across sectors and geographies over the last two... Stocktake on Nature-related Risks: Supervisory and regulatory approaches and perspectives on financial risk Financial Stability Board | July 2024 In February 2024, the G20 Finance Ministers and Central Bank Governors tasked the Financial Stability Board (FSB) with examining regulatory and supervisory efforts related to identifying and assessing financial risks associated with nature... Nature in the Boardroom This report offers guidance to help boards of financial institutions navigate these complexities by providing a clear approach for identifying, managing, and reporting on nature-related risks and opportunities. This enables them to effectively integrate these considerations into governance and... Talks on Nature – The Role of TNFD in Shaping Nature-related Financial Disclosures In this podcast episode hosted by the African Natural Capital Alliance, Tony Goldner, Executive Director of the TNFD, discusses the organization’s pivotal role in helping financial institutions and businesses incorporate nature-related risks and opportunities into their decision-making... Related publications Executive Summary of the TNFD Recommendations Nature in scope Related webinars Global launch webinar – The TNFD Recommendations September 19, 2023 (Updated: October 6, 2023) Following the official launch at New York Climate Week, the TNFD hosted a public webinar on the final version (v1) our recommendations. This comes after a two-year development period, four beta releases, and 3000+ pieces of... Additional guidance for financial institutions March 7, 2024 (Updated: March 8, 2024) Published alongside the TNFD Recommendations in September 2023, this Forum member webinar explored the draft additional guidance for financial institutions open for consultation until 29 March. This session provides an... Boards and nature – the evolving landscape for directors’ duties July 11, 2024 (Updated: August 30, 2024) Nature is now considered a strategic risk management and governance issue for companies and financial institutions. Physical and transition risks are materializing with greater frequency and severity, customer expectations are...