Home » Knowledge HubCase study library Real-world examples of corporates and financial institutions applying and interpreting the TNFD recommendations and guidance Overview The case study library provides real-world examples of how nature-related dependencies, impacts, risks and opportunities manifestate and provides insights into how organisations apply and interpret the TNFD recommendations and guidance. We invite organisations to submit a case study or LEAP use case to be considered for the library. Case studies Case studies present examples of nature-related material impacts on businesses and financial institutions that demonstrate the importance of organisations assessing, managing and disclosing their nature-related dependencies, impacts, risks and opportunities. We invite organisations to submit a case study to the library. Submit your case study LEAP use case LEAP use cases provide detailed technical outlines of the steps organisations have taken to implement the LEAP approach to assess, measure and report their nature-related dependencies, impacts, risks and opportunities. We have developed guidance on the elements required to write a use case that captures the process to implement the LEAP approach. We invite organisations that have undergone a LEAP assessment to submit a LEAP use case to the library. Submit your LEAP use caseDownload how to guide Showing 20 of 51 results Jump to page: 2 3 Redwood Materials’ Battery Metals Recovery Cuts Mine Mess BloombergNEF | October 2024Location: United States of AmericaCase Study This case study examines the nature-related opportunity presented by metal recycling. It focuses on Redwood Materials, a US-based company that recycles lithium-ion batteries, recovering valuable metals and diverting battery waste from landfills. Slow Brews Caffeine High from Regenerative Coffee Farms BloombergNEF | October 2024Location: Denmark, Indonesia, Lao People’s Democratic Republic (the), Viet NamCase Study This case study explores the agroforestry model of Slow to growing coffee, which demonstrates an integrated approach to nature stewardship and commercial success. Wilder Harrier Dog Kibble Exploits Invasive Carp Catch BloombergNEF | October 2024Location: Canada, United States of AmericaCase Study Wilder Harrier produces pet food from alternative protein sources, including farmed insects and invasive fish. This case study examines the nature-related opportunity from its dog food line made of silver carp, an invasive species from China present in the Mississippi River. Nature-related disclosures in a megadiverse country: a case study of the finance and development sector Locate phase of the Taskforce on Nature-related Financial Disclosures CEBDS | 2024Location: BrazilLEAP Use Case CEBDS coordinated the TNFD Consultation Group in the megadiverse country of Brazil and supported piloting of the LEAP approach. This use case focuses on the implementation of the first phase of LEAP, Locate, by a subgroup of financial institutions. An illustrated guide to the future of nature reporting AXA Climate | September 2023Location: France, ItalyLEAP Use Case AXA Climate selected one asset in its portfolio, a wine industry company with vineyards across Europe, and assessed its nature-related dependencies and impacts. This use case explains that process through the implementation of the LEAP assessment. Forest IQ: A Gateway to TNFD Adoption Frontierra, Zoological Society of London | November 2024Location: GlobalLEAP Use Case This use case provides insights from financial institutions, including Schroders, Robeco, Federated Hermes and Storebrand, demonstrating how they applied Forest IQ data to manage deforestation and nature-related risk. Nature-related financial risks in corporate bonds: Testing the TNFD Framework Insight Investment | 2024Location: GlobalLEAP Use Case Insight Investment tested the TNFD Framework using a sample of corporate bonds. This use case explains how the financial institution implemented LEAP and the lessons learnt from each phase of the assessment approach, which are relevant to a wide range of investors. WBCSD TNFD pilot use case: Swire Properties WBCSD | 2023Location: China (Hong Kong SAR)LEAP Use Case The use case illustrates Swire Properties’ approach to identifying and managing opportunities to increase positive urban nature impacts through green building practices. It demonstrates how Swire Properties nature efforts align with parts of the LEAP approach. WBCSD TNFD pilot use case: Procter & Gamble WBCSD | 2023Location: China, India, Italy, Mexico, Spain +1 moreLEAP Use Case P&G’s use case illustrates how companies with internal nature-related risk and opportunity management and reporting may align with LEAP. It examines P&G’s water-related risks, opportunities and targets. WBCSD TNFD pilot use case: Iberdrola WBCSD | 2023Location: Brazil, Global, Mexico, Spain, United Kingdom +1 moreLEAP Use Case The case study outlines the process that Iberdrola, a renewable energy company with assets in 12 countries, undertook to apply the Locate and Evaluate phases of LEAP and match them with their own nature and biodiversity assessment methodology. The outputs from these phases informed Iberdrola’s… Nature-related financial risks in our own account investments: An exploratory case study and deep dive in electric utilities De Nederlandsche Bank | February 2024Location: Netherlands (the)LEAP Use Case An exploratory assessment of nature-related financial risks in De Nederlandsche Bank (DNB) account investments and a sectoral deep dive into electric utilities using coordinates of company assets. In the process, DNB has piloted the LEAP approach of the TNFD. Tesla’s Reliance on Groundwater Hinders Brandenburg Gigafactory Development BloombergNEF | 2024Location: GermanyCase Study The case study discusses the legal and market risks associated with water scarcity for Tesla’s operations. It focuses on a factory in a water-stressed area of Germany that faced delays due to stakeholder complaints. PG&E Liabilities for California Wildfires Led to Bankruptcy BloombergNEF | 2024Location: United States of AmericaCase Study The case study discusses PG&E’s legal and financial risks associated with wildfires caused by poorly maintained energy infrastructure. It also examines the broader implications of nature-related risks for utility companies in the western USA. JBS Links to Amazon Deforestation Imperil US IPO as Banks and Customers Cut Ties BloombergNEF | 2024Location: BrazilCase Study The case study explores how JBS, the world’s largest meat producer, faced legal, market and reputational risks associated with sourcing beef from illegally deforested areas in the Amazon rainforest. Freeport’s Share Price and Divestment Deal Spoiled by Tighter Tailings Rules BloombergNEF | 2024Location: Indonesia, United States of AmericaCase Study The case study on mining company Freeport-McMoRan examines the transition risks of tighter tailings disposal regulations in Indonesia and the market reaction to the company’s response. Tailings disposal in waterways near Freeport’s mine had caused water pollution and forest degradation. Formosa Penalized Over Plastic Pellets, But Real Risk Is in Shift to New Materials BloombergNEF | 2024Location: United States of AmericaCase Study A case study of the legal and reputational risks faced by Formosa Plastics as a result of the excessive discharge of plastic pellets into waterways. The case study explores the financial implications for the company and the growing concern about plastic pollution. CMA CGM Penalized for Nature Threats Posed by Untreated Ballast Water BloombergNEF | 2024Location: Global, United States of AmericaCase Study Container shipping company, CMA CGM, faced legal and policy risks associated with non-compliant ballast water. The case study explains the potential ecological impact of invasive species spread due to untreated ballast water and the resulting legal penalties. Chevron’s Gulf of Mexico Plans Caught in Legal Battle Over Protecting Rare Whale BloombergNEF | 2024Location: Mexico, United States of AmericaCase Study The case study details the legal challenges brought against Chevron’s expansion plans in the Gulf of Mexico due to the potential impact on an endangered whale species, which resulted in financial and operational uncertainties for the company. The study also explores the broader implications for the… Bernard Matthews’ Balance Sheet and Reputation Struck by Bird Flu BloombergNEF | 2024Location: United KingdomCase Study The case study explores the physical risks associated with disease outbreaks in the poultry industry. It details the avian influenza outbreak at Bernard Matthews’ facilities, the company’s response and the subsequent financial and reputational damage. Deforestation Allegations Trigger Share Selloff of Swedish Oils and Fats Firm AAK BloombergNEF | 2024Location: Indonesia, SwedenCase Study The case study examines the market and reputational risks associated with unsustainable sourcing practices in the palm oil industry. It describes the experience of AAK, which faced a 5.5% fall in its share price within 24 hours of allegations about sourcing from protected areas in Indonesia.