front slide of presentation deck for Taking TNFD to your board showing logos and trees
24 Sep 2024

Taking TNFD to Your Board

This briefing presentation deck offers boards a compelling business case to act on nature now by aligning to the TNFD. It leverages the latest data and a wealth of case studies that show how mapping your nature risks and dependencies can not only help boards strengthen governance and get ahead on compliance, but also build a competitive nature-positive strategy.

Getting TNFD on the Board agenda

Chapter Zero in collaboration with The Green Finance Institute, which leads the TNFD UK consultation group, have created this briefing presentation for Non-Executive Directors and Heads of Sustainability to facilitate discussions around adoption of TNFD reporting within their organisations. It demonstrates why the Task Force on Nature-related Financial Disclosures (TNFD) is relevant to all Boards, and how businesses can get started. It is for readers who have heard about TNFD but want to learn more about how it is relevant to their priorities. The deck is structured around three sections:

  1. Why are Boards acting on nature and TNFD?
  2. How are businesses getting organised?
  3. How can the TNFD framework help?

As a Non-Executive Director, you can navigate through the presentation deck in the following ways to support your own capacity building and/or facilitate your Board discussions regarding your Nature strategies and reporting capabilities:

  • Use Section 1 to understand how nature and TNFD are relevant to your priorities as a Board member.
  • Use Section 2 to understand how your business can equip itself to manage its nature risks and opportunities, access learning materials, and compare your current board structure with the example governance framework to understand the entry points for nature across your duties as a Board member.
  • Use Section 3 to understand how the TNFD recommendations and guidance can help your business on this journey and what adopting the TNFD framework means.
  • From the list of suggested questions for NEDs to ask management (in Section 2), select those most relevant to your business and extract supporting slides from the presentation where useful.
Testimonial

Chapter Zero has been delighted to work with the Green Finance Initiative on this toolkit on nature and TNFD. Climate and nature are inextricably linked both, through the degradation of nature which comes from the impacts of global temperature rises, and the fact that nature-based solutions can be an important part of solving the climate crisis. For many sectors nature is already a vital focus, but others are only just catching up with the challenge, largely prompted by the work of the Taskforce for Nature-related Financial Disclosure, TNFD. This briefing will be an invaluable resource for both non-executive directors and Chief Sustainability Officers when talking to their boards.

Julie_Baddeley_Board_Member_Chapter_Zero

Julie Baddeley, Chair of the Board, Chapter Zero

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front slide of presentation deck with trees

Taking TNFD to your Board

6 key reasons why Boards are acting on nature and TNFD

This briefing documents outlines the key reasons why discussing nature and TNFD are critical to the long-term strategy and resilience of your organisation. Download the deck to explore each of these in detail with relevant data and case studies to build the business case.

Download an editable Powerpoint template

You can download an editable Powerpoint template from The Green Finance Institute website to adapt for use in your boardroom

Download Powerpoint template

More about the Green Finance Institute (GFI)

 

The Green Finance Institute (GFI) was established with support from the UK Government and the City of London in 2019 to partner on unlocking private sector finance to meet net zero and nature targets. The organisation works across multiple sectors, convening key stakeholders to identify barriers and develop solutions. Most recently, GFI CEO, Dr Rhian Mari Thomas OBE, acted as chair of the independent taskforce established to advise on the National Wealth Fund.

Specific to nature investment and environmental business resilience, the GFI hosts the Secretariat for the TNFD and the UK National Consultation Group of over 600 companies, funded by Defra. The broader nature team (GFI Hive) advised and assessed on all three rounds of Defra’s Natural Environment Investment Readiness Funds (NEIRF) working with financial institutions, farmers, UK NGOs and companies to support the UK to develop the supply, demand and enabling policy environment to unlock private sector investment in nature.

The GFI also leads work on GBF Target 19 with UNEP FI and UNDP Biofin, supporting signatories on developing models and markets that unlock private sector finance for nature restoration and conservation.

Related Content

External Link
Explainer | 1 Jun 2023

How can board directors prepare for the upcoming TNFD framework release?

As stewards of their organisations, board directors will benefit from understanding the Taskforce on Nature-related Financial Disclosures (TNFD) framework ahead of its official launch in September 2023, and its implications for the organisations they represent. This Climate Governance Initiative briefing provides guidance to board directors on how to prepare for the incoming framework.