The Taskforce on Nature-related Financial Disclosures

Reversing global nature loss depends on a shift in global financial flows away from nature-negative outcomes and toward nature-positive outcomes. This depends on large and small businesses across supply chains, financial institutions, and industries of all types collectively identifying, assessing, managing, and disclosing nature-related dependencies, impacts, risks, and opportunities. Towards meeting this inter-industrial challenge, the Taskforce on Nature-related Financial Disclosures (TNFD) was established in 2021 in response to the growing need to factor nature into financial and business decisions.

The TNFD has developed a market-led, science-based risk management and disclosure framework for organisations to report and act on evolving nature-related risks and opportunities. The TNFD has also developed case studies and sector-specific guidance; a Knowledge Hub that features a curated collection of the latest external resources and market insights on nature-related risks and opportunities; and an open-access Learning Lab that supports self-paced learning about nature-related issues, the TNFD recommendations, and additional guidance.

A key part of the TNFD's support tools is the LEAP approach, which provides guidance on the identification and assessment of nature-related issues. Leap V2.0 is the first upgrade of its assessment approach since v1.0 was released in 2023, and it includes updates and new additions to measurements, risk assessment, and transition planning, as well as improvements for greater interoperability with SBTN guidance for science-based targets.

The TNFD also releases a status report that highlights how nature-related considerations are becoming embedded in business and financial decision-making. Drawing on the views of more than 500 market participants, the 2026 report reveals that over 1,000 organisations across 56 countries have published first-, second-, or third-generation TNFD-aligned reports - a 100% increase in the number identified in 2025.