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TNFD publishes new guidance for financial institutions and adoption stats

A helicopter works on extinguishing the fire at Port Hills on February 14, 2024 in Christchurch, New Zealand.
Photo: Joe Allison/Getty Images

The new guidance will assist companies in applying the TNFD recommendations to report on nature-related risks.

The Taskforce on Nature-related Financial Disclosures (TNFD) has published 10 new guidance documents to assist companies in applying the TNFD recommendations, including specific advice for financial institutions. The Taskforce has also published its latest adoption statistics.

Following an 18-month process of iterative development, the Taskforce has launched its first set of