Low boardroom understanding and capacity constraints blocking TNFD adoption, says non-profit

The adoption of the Taskforce on Nature-related Financial Disclosures framework by 320 companies and financial institutions at the World Economic Forum’s annual meeting was heralded as progress, but companies are lacking the ability to apply it

A lack of understanding in boardrooms and insufficient capacity are hindering companies from producing TNFD-aligned disclosures, says a new survey by UK non-profit Aldersgate.