TNFD publishes list of nature disclosure early adopters

In January 2024, the Taskforce on Nature-related Financial Disclosures (TNFD) published a list of “early adopters”. Over 300 organisations - including corporates, banks, and asset managers - have indicated that they intend to adopt the TNFD’s recommendations and start making disclosures on their nature-related risks and opportunities in their annual corporate reporting starting in either FY2024 or FY2025. 

However, this does not necessarily mean that early adopters will cover all 14 recommended disclosures. As was the case with the TCFD at the start, the expectation is that companies will get started with some of the nature disclosures and will increase these over time. 

The TNFD has also published draft sector guidance for eight priority sectors (including oil and gas, metals and mining, and forestry and paper), which are open for feedback until 29 March. 

There is also draft additional guidance for financial institutions, which is open for feedback until 27 February.  

For more information on the TNFD recommendations, see our previous blog post.