Over 700 Companies Adopt TNFD Recommendations for Nature Disclosure
The Taskforce on Nature-related Financial Disclosures (TNFD) has announced that more than 700 organisations are voluntarily implementing its recommendations. This development coincides with the International Sustainability Standards Board (ISSB) advancing a standard-setting effort that integrates the Taskforce’s guidance.
ISSB’s Progress on Nature-related Financial Standards
Based on insights from its biodiversity, ecosystems, and ecosystem services (BEES) research into nature-related risks and opportunities, the ISSB plans to introduce new or revised requirements to address common investor information needs. This follows a formal agreement between the TNFD and the International Financial Reporting Standards (IFRS) Foundation to incorporate nature disclosures into ISSB’s agenda.
The ISSB intends to have an exposure draft of the new requirements ready by the CBD COP17 in October 2026.
TNFD’s Roadmap and Support for ISSB
Following the ISSB announcement, the TNFD declared it will complete all ongoing technical work, including additional sector guidance, by the third quarter of 2026. Thereafter, TNFD will pause further technical guidance development and prioritize supporting ISSB’s standard-setting process.
The TNFD expects to finalize its technical work programme based on ISSB’s outcomes, likely by 2027.
TNFD stated it will complete all technical work in progress, including the development of additional sector guidance, by Q3 2026.
Summary
This collaboration between TNFD and ISSB marks significant progress towards standardized nature-related financial disclosures, reflecting growing corporate commitment and international coordination.
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