Strategic Focus: The Impact Of The TNFD On ESG Reporting

Access this research

Access all ESG & Sustainability Reporting Software content with a strategic subscription or buy this single report

Need help or have a question about this report? Contact us for assistance

Executive Summary

There is currently no universally agreed global architecture for the measurement and disclosure of nature-related impacts comparable to the Greenhouse Gas Protocol, and organizations have historically undervalued the importance of biodiversity and nature for stable business operations and decarbonization efforts. Data from CDP reveal a stark gap in board-level oversight. While 91% of financial institutions have board-level supervision of climate-related matters, only 32% exercise board oversight on issues related to forests and/or water. The Taskforce on Nature-related Financial Disclosures (TNFD) is gaining significant market awareness as investors and businesses begin to recognize the importance of assessing nature- and biodiversity-related impacts, dependencies, risks and opportunities. This report provides an overview of the TNFD framework, contextualizing it within existing disclosure frameworks, and explores how it will impact reporting processes across different industries. Chief sustainability officers and global heads of biodiversity should use this report to inform their TNFD compliance strategies.
Nature-related risks shift to a C-Level priority
The TNFD was established to facilitate a change in organizations’ mindset and behaviour
TNFD guidelines draw upon and support existing sustainability frameworks and target-setting initiatives
Scaling market adoption of the TNFD requires sector-specific guidance, recognizing unique industry challenges
Figure 1. Key outcomes from a LEAP assessment
Figure 2. The global nature reporting landscape
Figure 3. Key stakeholders for a mining organization

About the Authors

Luke Gowland

Luke Gowland

Senior Analyst

Luke is a Senior Analyst at Verdantix, specializing in ESG and sustainability reporting software and financial ESG. He advises both technology buyers and software vendor and s...

View Profile
Kim Knickle

Kim Knickle

Research Director

Kim Knickle is a Research Director at Verdantix, bringing more than two decades of analyst experience to the evolving world of sustainability. Her current research spans ESG a...

View Profile

Other related content

Blog
ESG & Sustainability Reporting Software
Sustainability Tech Start-Up Sunhat Rai...

Regulators may set the rules, but it’s customers, investors and lenders who maintain sustainability’s momentum. Cologne-headquartered Sunhat’s Series A funding round led by Commerz...

02 October, 2025

Blog
ESG & Sustainability Reporting Software
Credibl And SIBS Partner To Support Fin...

In September 2025, Credibl – a provider of sustainability software for data management, reporting and compliance – announced a partnership with SIBS, a financial services and pay...

23 September, 2025

Industry Events
AI-First Platforms & Applications
Industry Webinar // Carbon Intelligence...

As sustainability pressures intensify, businesses are facing the dual challenge of reducing their carbon footprint while maintaining profitability. Carbmee, in partnership with Ver...

10 September, 2025

Webinar
Building Digital Platforms & Operational Tech
Breaking The Silo-nce: How To Get Opera...

As attention shifts away from net zero target setting to asset level decarbonization, many firms are discovering critical disconnect between their energy management efforts and cor...

24 September, 2025

Webinar
Corporate Energy Leaders
Aligning Energy Security And Decarboniz...

As firms seek measurable emissions reductions and cost savings, energy resilience is becoming a core pillar of sustainability strategy. Decarbonization initiatives, once driven pri...

17 September, 2025

Blog
ESG & Sustainability Reporting Software
Verdantix Evaluated 21 ESG And Sustaina...

In June, Verdantix published the Green Quadrant: ESG & Sustainability Reporting Software (2025) report, in which we evaluated the capabilities of 21 providers. As part of this st...

18 July, 2025