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January 16, 2024

More than 300 organisations commit to make nature-related disclosures

Forest trees_natural resources
Most TNFD members will begin reporting on the impacts of their operations on natural resources as part of their annual corporate reporting for the financial year 2024 or 2025 (Photo: Tampatra/Envato)

The Taskforce on Nature-related Financial Disclosures has announced the first companies and financial institutions that plan to follow its recommendations — but experts say mandatory disclosures must come next

Three hundred and twenty organisations from 46 countries — across various industries, including a few mining and oil companies and several banks — have said they will begin making nature-related disclosures in line with the Taskforce on Nature-related Financial Disclosures’ recommendations, the TNFD has announced at the World Economic Forum’s annual meeting in Davos, Switzerland.

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