TNFD: what framework for financial institutions?

The Taskforce on Nature-Related Financial Disclosures (TNFD) is a group of recommendations designed to help companies report and act on evolving nature-related issues.

The issue: nature, which provides ecosystemic services on which societý and businesses depend, is deteriorating on a global scale.

The aim: support a shift in global financial flows towards activities that have a positive impact on nature.

To help you understand the final TNFD framework published in September 2023, WeeFin has published an analysis of the TNFD requirements.

This analysis includes:

• An explanation of the link between TNFD and TCFD
• A look back at key dates
• The summary of the main requirements with a distinction between general requirements or requirements specific to the financial sector
• Top 3 actions to implement to align with TNFD

This study is only available in English.‍

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Excerpts from the study