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ARTICLE · 25 SEPTEMBER 2023

Taskforce On Nature-Related Financial Disclosures – New And Updated Nature Reporting Recommendations Published

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The NY Climate Week conference took place during the week of 18 September 2023, bringing together international leaders from business and governments.

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John Verwey
John Verwey
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The NY Climate Week conference took place during the week of 18 September 2023, bringing together international leaders from business and governments. During the conference the Taskforce on Nature-related Financial Disclosures ("TNFD") officially launched its disclosure Recommendations (the "TNFD Recommendations") and suite of additional guidance. This follows a two-year development process. As a global initiative it will be relevant to firms in Europe, North America and the rest of the World.

We set out below the (i) the TNFD's relevance to fund managers and investment advisers, (ii) the background to the TNFD, (iii) key points from the TNFD Recommendations and (iv) next steps to be considered.

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