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 60 results Jump to page: 2 3 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. Assessing ecologically sensitive locations in a food retailer and distributor’s palm oil supply chain: Reflections from piloting TNFD’s LEAP approach Nature-based Insights, Tesco and Global Canopy | 2023Location: Indonesia, United KingdomLEAP Use Case Tesco’s LEAP use case outlines the methods and process for mapping its palm oil supply chain in Indonesia and identifying sensitive locations for further analysis. It illustrates volumetric analysis to estimate procurement volumes and biodiversity footprint of sourcing districts. Experience and reflections from piloting TNFD’s LEAP approach on an agriculture corporate loans portfolio The Biodiversity Consultancy, IndusInd Bank and Global Canopy | 2023Location: IndiaLEAP Use Case IndusInd Bank conducted a pilot on the implementation of the LEAP approach on its agriculture corporate loans portfolio in India. The pilot focused on determining sensitive locations and understanding impacts and dependencies across 12 Indian states. Experience and reflections from piloting the TNFD’s LEAP approach on an infrastructure development and finance organisation’s portfolio The Biodiversity Consultancy, PIDG and Global Canopy | 2023Location: Australia, Bangladesh, Cambodia, Indonesia, Nepal +3 moreLEAP Use Case PIDG piloted the LEAP approach to assess nature-related dependencies, impacts and risk across its infrastructure finance portfolio. The pilot focused on challenges and opportunities associated with data availability, sectoral dependencies, and risk mitigation strategies. Assessing the nature-related issues of investees’ clients as a Colombian investment management consortium Frontierra, Grupo SURA and Global Canopy | 2023Location: Brazil, ColombiaLEAP Use Case Grupo Sura’s LEAP pilot focused on analysing deforestation risks associated with agricultural and forestry clients in Colombia and Brazil. It was supported by open-source tools such as the TRASE platform and geospatial datasets to map sensitive locations and showed the importance of… Nature risk screening for infrastructure projects across Asia: Reflections from piloting TNFD’s LEAP approach Nature-based Insights, AECOM and Global Canopy | 2023Location: India, Indonesia, Malaysia, Myanmar, Philippines (the) +4 moreLEAP Use Case This use case by AECOM, a multinational infrastructure consulting firm, explores the piloting of the TNFD’s LEAP approach across a portfolio of infrastructure projects in Asia. 3M Incurs $10.5 Billion Liability for Polluting Waterways with ‘Forever Chemicals’ BloombergNEF | 2024Location: United States of AmericaCase Study The case study examines financial and reputational impacts on 3M arising from soil and groundwater contamination with PFAS chemicals. It details the company’s history of producing such chemicals, the impacts on nature and the resulting legal actions. The case study also explores the broader… Assessing nature-related issues of key value chain clients as a Brazilian Asset Manager Frontierra, JGP Gestão de Crédito Ltda and Global Canopy | 2023Location: BrazilLEAP Use Case JGP participated in a TNFD pilot to enhance their understanding of nature-related risks, with a particular focus on deforestation within Brazil’s agriculture sector. The pilot involved using the LEAP approach to assess the nature impact of two agricultural companies in their ESG Credit fund. Development Bank of Southern Africa & the African Natural Capital Alliance Development Bank of Southern Africa, African Natural Capital Alliance | April 2024Location: South AfricaCase Study A new report reveals how one of Africa’s leading development banks is attempting to address the challenge of reducing its impact on nature and biodiversity. Key recommendations for the financial sector to come out of the report include that African banks should consider… High and Dry: How water issues are stranding assets CDP and Planet Tracker | 2022Location: Argentina, Australia, Canada, Chile, India +1 moreCase Study This report covers the significance of the water crisis to the financial sector and how water risk is becoming a potential threat to financial stability. It examines the drivers of water risks – physical, regulatory, reputational, technological – and assesses the level of awareness and preparedness… Case Study: Belize blue bonds for ocean conservation The Nature Conservancy | May 2022Location: BelizeCase Study In November 2021 the world’s largest debt refinancing for ocean conservation was completed by the Government of Belize. This case study outlines the process. An Exploration of Nature-Related Financial Risks in Malaysia World Bank Group, Bank Negara Malaysia | March 2022Location: MalaysiaCase Study This case study provides a first assessment of nature-related financial risks for the Malaysian banking sector, examining its lending exposure to businesses which depend on and impact nature.