Insights

The Taskforce on Nature-related Financial Disclosures (TNFD)’s “Asking Better Questions on Nature” guide for board directors, created in collaboration with Chapter Zero, Competent Boards, the Commonwealth Climate and Law Initiative and the Green Finance Institute, was the subject of a vibrant discussion on 27 June. The London Climate Action Week event was opened by Richard Andrews (Head of ESG, KPMG in the UK) and Rhian-Mari Thomas (CEO, Green Finance Institute). Attendees were given valuable insights into the resource and TNFD’s work by Tony Goldner (CEO, TNFD). After which followed a panel discussion moderated by Vicky Moffatt (CEO, Chapter Zero) with speakers: Dame Amelia Fawcett (Co-Chair, International Advisory Panel on Biodiversity Credits), David Alfrey (Partner, Addleshaw Goddard LLP) and Helle Bank Jørgensen (Global Managing Director, Board Development at Board Intelligence, Founder, Competent Boards). Natalie Shippen (Executive director, Commonwealth Climate and Law initiative) rounded out the event with thoughtful closing remarks.

In partnership with Accounting for Sustainability (A4S), Chapter Zero recently held the third session of its series of roundtables for Audit Committee chairs and members to explore the emerging requirements for audit committees in effectively driving action on climate and nature from the boardroom.

Karen Ellis, Chief Economist at WWF-UK and speaker at Chapter Zero events, says that boards are looking for pathways to help them integrate nature into their transition plans.

Watch Deloitte's discussion into the TNFD disclosure recommendations, including how they may be used to inform future standard setting and regulations, alongside considering the actions companies can take now to integrate nature and biodiversity into decision-making and reporting.