Impact Institute is now a member of the TNFD Forum. The TNFD Forum is a global multi-disciplinary consultative group of institutional supporters sharing the ambitious vision and mission of the TNFD that are willing to contribute to the development of a nature-related risk management and disclosure framework.
As a global sustainability and impact data provider, Impact Institute have been accepted to participate to the newly launched Nature-related Data Catalyst, which brings together key actors in the sustainability data landscape. The Catalyst aims to respond to market demand for high-quality, trusted, decision-useful information and data on nature-related risks and opportunities
By joining the Forum and the leading market participants already in it, we aim to use our ten years of experience and technical expertise in the field of impact measurement to support the Taskforce in the co-creation and delivery of a reliable and comprehensive risk framework.
Nature loss is an important topic because it poses both risks and opportunities for organisations. Recent research finds that more than half of the world’s economic output – US$44 trillion of economic value generation – is moderately or highly dependent on nature (WEF and PwC 2020). However, financial institutions and corporations can lack the tools and knowledge needed to understand how their investments and activities affect nature and, in turn, are exposed to long-term financial risks resulting from its loss. The TNFD, building upon the structure and foundation of the TCFD, aims to promote the adoption of an integrated risk management and disclosure framework that aggregates the best standards, data, and tools to inform better corporate and investment decision making.