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Clifford Chance

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Taskforce on Nature-related Financial Disclosures (TNFD) recommendations published

12 October 2023

The finalised Taskforce on Nature-related Financial Disclosures (TNFD) framework has been published and establishes a new standard for disclosure on nature and biodiversity impacts and opportunities aligned with the TCFD model. The framework has been widely praised, paving the way for broad adoption by regulators and businesses across the world.

This briefing looks at the framework (which we were delighted to advise the TNFD on), how it sits with other relevant disclosure frameworks, and offers our thoughts on the impacts for disclosing businesses.

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