The Taskforce On Nature-Related Financial Disclosures Releases Final Version Of Disclosure Framework

The Taskforce on Nature-related Financial Disclosures (the "TNFD") recently released the final version of its nature-related disclosure framework (the "TNFD Framework"). The TNFD Framework is the first framework designed to integrate nature-related risks and opportunities analysis into corporate decision-making, providing companies, investors and financial institutions with guidance to identify, assess, manage, and appropriately disclose nature-related dependencies, impacts, risks, and opportunities. The TNFD Framework offers capital providers an integrated climate- and nature- related reporting approach designed for consistency with the recommendations of the Task Force on Climate-related Disclosures (the "TCFD") and the sustainability and climate-related disclosure standards issued by the International Sustainability Standards Board (the "ISSB").