Taskforce on Nature-related Financial Disclosures (TNFD)


Tool Type

Monitoring and reporting | Risk assessments

Risk Type


Feed Ingredients

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Animal proteins (LAP/PAP)

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Aquaculture trimmings

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line drawing of a palm with an oil droplet

Oil palm

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Single-cell proteins (SCP)

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Vitamins & minerals

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Wild capture fisheries

What is it?

The Taskforce on Nature-related Financial Disclosures (TNFD) is a market-led and science-based initiative supported by national governments, businesses, and financial institutions worldwide. 

The Taskforce consists of 40 senior executives from companies and financial institutions globally representing over $20 trillion in assets under management with operations and value chains in over 180 countries.

The TNFD aims to provide decision-makers in business and capital markets with better quality information through corporate reporting on nature that improves enterprise and portfolio risk management.

Risk Assessments and Improvements

The Additional Guidance is designed to help organizations report and act on evolving nature-related issues with the ultimate aim of supporting a shift in global financial flows away from nature-negative outcomes and toward nature-positive outcomes.

It includes guidance on the identification and assessment of nature-related issues: the LEAP approachLearn, Evaluate, Assess, and Prepare – an internal due diligence assessment process for the identification and assessment of their nature-related issues. 

This builds on and is consistent with, existing assessment frameworks including the Natural Capital Protocol developed by the Capitals Coalition and the target-setting methods developed by the Science Based Targets Network (SBTN).  

Monitoring and Reporting

There is no universally agreed global architecture for measurement and reporting for nature comparable to the Greenhouse Gas Protocol.

The TNFD Recommendations provide companies and financial institutions of all sizes with a risk management and disclosure framework to identify, assess, manage and, where appropriate, disclose nature-related issues. It includes 14 recommended disclosures covering nature-related dependencies, impacts, risks, and opportunities