The new TCFDs? Inside the quest to develop a global nature-related risk framework for business

Read the full story at GreenBiz.

Disclosing, assessing and ultimately taking action to tackle climate risk has steadily marched into the mainstream of the financial and corporate world in recent years, with the guidelines set out by the Taskforce on Climate-related Financial Disclosures (TCFD) widely regarded as a critical tool for any forward-thinking company’s corporate strategy.

That much is evidenced by growing pressure on boardrooms in the upcoming AGM season to disclose climate threats, and increasingly stringent legal and regulatory requirements for businesses to disclose their climate risks and develop credible net zero strategies coming into force in the U.K., EU, and beyond.

So, fast forward a few years from now, could the same trend be repeated for nature-related risks such as biodiversity loss and habitat destruction?

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