LAYER 3 · Management systems & specialist topics
TNFD – Nature-related Disclosures
The Taskforce on Nature-related Financial Disclosures (TNFD) sets 14 recommended disclosures across the same four pillars as climate: governance, strategy, risk and impact management, metrics and targets. Its LEAP approach helps companies locate their interface with nature, evaluate dependencies and impacts, assess risks and prepare responses. It suits agriculture, seafood, food, mining and tourism.
Criteria used by FTS Impact Lab
In the Assess tool you can check your initiative against each criterion below (met, partly met, not met, not applicable).
- Operations or sourcing near ecologically sensitive areas are located (Locate)
- Dependencies on nature (water, soil, pollination…) are evaluated (Evaluate)
- Impacts on ecosystems and related risks and opportunities are assessed (Assess)
- A response plan and nature targets exist (Prepare)
- Leadership oversees nature-related issues
- Metrics on land use, water, pollution and species
Example indicators to track
- Land used or restored (ha)
- Water withdrawn in water-stressed areas
- % deforestation-free sourcing
- Pollutants released to soil and water
FTS Impact Lab refers to this framework for analysis and advice. Results are not a certification or an official conformity assessment.