Taskforce on Nature-related Financial Disclosure (TNFD)

We are all directly affected by the biodiversity crisis. Our different ecosystems supply us with food, raw materials and energy – but only if they are intact. Loss of biodiversity therefore threatens not only our livelihood, but also poses a major risk for businesses. To lay the foundation to identify and quantify the associated risks at an early stage – Swiss Sustainable Finance (SSF) and the UN Global Compact Network Switzerland & Liechtenstein (GCNSL) are collaborating with the Taskforce on Nature-related Financial Disclosure (TNFD). They established the Swiss TNFD Consultation Group to promote the TNFD frameworks for identifying nature-related risks in Switzerland and to actively support their continuous development.

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The Taskforce on Nature-related Financial Disclosures (TNFD) has developed a set of disclosure recommendations and guidance for organisations to report and act on evolving nature-related dependencies, impacts, risks and opportunities.  The recommendations and guidance will enable business and finance to integrate nature into decision making, and ultimately support a shift in global financial flows away from nature-negative outcomes and toward nature-positive outcomes.

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The Consultation Group of Switzerland looks forward to engaging with national financial institutions, corporate actors, civil society organisations, local and Indigenous communities, and public sector institutions to:

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• understand national concerns around nature-related risks and opportunities;

• socialise the TNFD framework with local actors; and