Listen to TNFD’s Executive Director Tony Goldner and TNFD’s Technical Director Emily McKenzie.
In what ways does business interact with nature? What can businesses do about the biodiversity crisis, the loss of wildlife populations or species facing extinction?
In September, the Task Force on Nature related Financial Disclosures (TNFD) came up with at least some of the answers, with its recommendations providing the tools and methodologies needed by companies and investors to develop a sustainable relationship with nature.
In this conversation, you’ll hear more about:
“The cash flows of business depend on the flows of benefits that we get from nature into our business models and into our society. In science, these are called ecosystem services, and every business relies on them, either directly or indirectly through its supply chain relationships. And unfortunately, investors expect cash flows to have a nice, steady, incremental growth year on year. But planetary science is now telling us that the decay of our natural systems is leading us to a risk where our ecosystem services from nature into business are in decline. So we have a fundamental challenge of rebalancing and reframing the business and societal relationship with nature on which we depend.”
How can and should you address entity-specific reporting? Listen to Piotr Biernacki, EFRAG TEG Member and ESG Reporting Fellow at Materiality.
Will there be a just transition? Listen to Jason Judd, Executive Director of Cornell's Global Labor Institute.
Do our ideas about what makes companies competitive actually hinder the shift toward sustainability?