All sectors and companies are affected by the TNFD to some extent, either directly or through the dependence of their value chains on natural resources. Although reporting under the TNFD is voluntary at the moment, there is a move towards more stringent requirements, similar to how the Task Force on Climate-Related Financial Disclosures (TCFD) has become mandatory in several countries.
How do you get started with TNFD?
- Map the current footprint
Start by setting boundaries and identifying your existing footprint by mapping and assessing the status and vulnerabilities of nature. - Evaluate
Follow up the mapping by evaluating the environmental assets and ecosystem services on which the company depends, and include the stakeholder dialogue. - Assess risks and opportunities
Analyze risks and opportunities in terms of the dependencies and impacts identified. Identify existing practices to reduce risks and take advantage of opportunities, and where there are gaps. - Enable and follow up
Define what should be published according to TNFD recommendations and determine relevant KPIs. Also identify which stakeholders should be involved in the results of the analysis.
Do not hesitate to contact us for support in understanding and implementing TNFD frameworks.
CLIMB - Calculating, valuing and compensating for biodiversity
Ecogain has developed CLIMB, a model for calculating, valuing and compensating for biodiversity, together with major players in Swedish industry and with the support of Swedish Mining Innovation. Our environmental consultants can help you with:
- Mapping biodiversity within an area
- Investigation of alternative locations and designs
- Assessment of impacts before and after land use change
- Overview and assessment of different impacts
- Streamlining the environmental assessment of your business
- Planning and implementation of restoration and compensation
- Monitoring against clearly formulated objectives
- Reporting on impacts on biodiversity
- Development of new biodiversity key performance indicators
Book a training course in CLIMB
Want to learn more about CLIMB? Ecogain offers digital training and support in CLIMB. Register your interest here, or contact us to order a tailor-made training according to your organization's needs.
Nature Due Diligence (NDD)
A Nature Due Diligence (NDD) provides investors with a professional and safe risk analysis prior to the acquisition of a business that may be subject to nature-related risks. We identify legal and financial risks linked to environmental permits, species protection, past land use and more.
