Proposed Technical Scope. Recommendations for the TNFD

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Nature is a broad and complex subject often lacking unified definitions, standards and metrics geared towards facilitating corporate and financial institution risk management. However, across science, public opinion, non-financial companies and financial institutions, there is a rapidly increasing awareness of both the impact and dependency that businesses have on nature, and what “nature” in its considerable diversity represents. It is essential to enable organisations to understand and account for this in their daily decisions.

The goal of the TNFD is to provide a framework for organisations to report and act on evolving nature-related risks, in order to support a shift in global financial flows away from nature-negative outcomes and toward nature-positive outcomes.

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