Post by Eurosif - The European Sustainable Investment Forum

📢 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗻𝗴 “𝘀𝘁𝗮𝘁𝗲 𝗼𝗳 𝗻𝗮𝘁𝘂𝗿𝗲 𝗺𝗲𝘁𝗿𝗶𝗰𝘀” 𝗶𝗻𝘁𝗼 𝗧𝗡𝗙𝗗, 𝗚𝗥𝗜 𝗮𝗻𝗱 𝗦𝗕𝗧𝗡 – 𝗱𝗶𝘀𝗰𝘂𝘀𝘀𝗶𝗼𝗻 𝗽𝗮𝗽𝗲𝗿 𝗮𝗻𝗱 𝗰𝗮𝗹𝗹 𝗳𝗼𝗿 𝗳𝗲𝗲𝗱𝗯𝗮𝗰𝗸   The Taskforce on Nature-related Financial Disclosures (TNFD), together with two other reporting/target-setting frameworks, the Global Reporting Initiative (GRI) and the Science Based Targets Network (SBTN), has recently released a discussion paper how 𝘀𝘁𝗮𝘁𝗲 𝗼𝗳 𝗻𝗮𝘁𝘂𝗿𝗲 𝗺𝗲𝗮𝘀𝘂𝗿𝗲𝗺𝗲𝗻𝘁 can be integrated into four key use cases: - 𝗔𝘀𝘀𝗲𝘀𝘀𝗺𝗲𝗻𝘁: Using metrics to prioritise locations across value chains, understand dependencies and impacts on nature, and the resulting risks and opportunities. - 𝗗𝗶𝘀𝗰𝗹𝗼𝘀𝘂𝗿𝗲: Reporting in line with evolving frameworks (GRI, ESRS, TNFD) as expectations for nature-related transparency grow. - 𝗧𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻 𝗽𝗹𝗮𝗻𝗻𝗶𝗻𝗴: Using metrics to inform the prioritisation of dependencies, impacts, risks, and opportunities in their transition plans. - 𝗧𝗮𝗿𝗴𝗲𝘁 𝘀𝗲𝘁𝘁𝗶𝗻𝗴: Setting impact- and outcome-based targets, using metrics to define priorities and track performance. 👉 𝗪𝗵𝘆 𝘀𝘁𝗮𝘁𝗲 𝗼𝗳 𝗻𝗮𝘁𝘂𝗿𝗲 𝗺𝗲𝘁𝗿𝗶𝗰𝘀 𝗺𝗮𝘁𝘁𝗲𝗿: The state of nature directly underpins the ecosystem services (e.g. pollination, food production) businesses rely on. This means that degradation or improvements translate into real financial risks and opportunities, from supply chain disruptions and rising costs to regulatory and liability exposure. 💬 𝗖𝗮𝗹𝗹 𝗳𝗼𝗿 𝗳𝗲𝗲𝗱𝗯𝗮𝗰𝗸 𝗼𝗻 𝘂𝗽𝗱𝗮𝘁𝗲𝘀: The paper also outlines a set of proposals for integrating state of nature metrics into TNFD, GRI and SBTN frameworks, standards and guidance.  Deadline to provide feedback: 𝟰 𝗝𝘂𝗻𝗲 Read the discussion paper and provide feedback here: https://lnkd.in/eAEYWHiB