Explainers

The Taskforce on Nature-related Financial Disclosures (TNFD) was established in 2021 in response to the growing need to factor nature into financial and business decisions. The TNFD is a global, market-led initiative with the mission to develop and deliver a risk management and disclosure framework for organisations to report and act on evolving nature-related risks and opportunities.

This guide, produced by the World Economic Forum and the Climate Governance Initiative in collaboration with Deloitte, explores risks and opportunities related to nature loss and outlines key steps Chairs, non-executive directors and board members can take to incorporate nature as core to business strategy.

The Government’s Net Zero Review published on 13 January 2023 explains the economic benefits of reaching net zero and recommends key policies that would help the UK meet this goal. This summary outlines these opportunities and recommendations, and how they are relevant to non-executive directors.

The Climate Change Committee explains a legal duty to act on climate change and The Climate Change Act 2008.

The SBTi’s Corporate Net-Zero Standard provides the guidance and tools companies need to set science-based net-zero targets.

It’s widely used, but do you know what Net Zero means? Carbon Trust gives you the answers to this and other Net Zero questions.

Race to Resilience and Race to Zero present clear, simple mitigation breakthrough goals defined for ~30 major sectors in the economy.

This briefing, produced by the Commonwealth Climate and Law Initiative (CCLI) and the Climate Governance Initiative, provides guidance on new, existing and proposed legislation on value chain due diligence, company obligations, and driving due diligence across value chains.

If you follow sustainability and climate topics, you’ve probably heard the term net zero thrown around. Still puzzled? McKinsey & Company looks at net zero.

To equip our members and their companies, we held a five-part series of events with McKinsey, to bring the best thinking to boardrooms on achieving net zero and effecting meaningful change.

This briefing, from the Climate Governance Initiative, summarises the four basic requirements needed for your business to move from ambition to action on climate, with particular support from ERM building on their ‘From Promise to Action on Net Zero’ series.

Find out more about the FCA's TCFD-aligned reporting requirements, which companies and firms fall in scope of the rules, and plans for extending the requirements.