TNFD publishes final version of its recommendations for a disclosure framework

On 19 September 2023, the Taskforce on Nature-related Financial Disclosures (TNFD) published the final version of its recommendations for a disclosure framework. It also published additional guidance to help organisations to identify and assess nature-related issues and inform disclosure.  

The recommendations are designed for organisations of all sizes, across all sectors, and along value chains. They are grouped into four pillars, which are governance, strategy, risk and impact management, and metrics and targets. The TNFD will publish annual reports from 2024 to track the voluntary adoption of the recommendations. Early adopters of the recommendations have been invited to join the inaugural cohort of TNFD Adopters, which will be announced at the World Economic Forum at Davos in January 2024.