TNFD Recommendations
Recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) v1.0, published September 2023. Provides a risk management and disclosure framework for organizations to report and act on evolving nature-related dependencies, impacts, risks, and opportunities. Consists of 14 recommended disclosures (11 recast from TCFD for nature plus 3 nature-specific additions) across 4 pillars, plus the LEAP assessment approach and 6 general requirements.
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Framework Domains (5)
General Requirements
Six general requirements that apply across all four pillars
| Code | Title |
|---|---|
| Clause 1 | Risk management |
| Clause 2 | Personnel |
| Clause 3 | Suppliers and service providers |
| TNFD-GR-1 | Materiality |
| TNFD-GR-2 | Scope of Disclosures |
| TNFD-GR-3 | Location of Nature-related Issues |
| TNFD-GR-4 | Integration with Other Sustainability Disclosures |
| TNFD-GR-5 | Time Horizons |
| TNFD-GR-6 | Engagement with Affected Stakeholders |
Governance
Pillar A: Board and management oversight of nature-related issues
| Code | Title |
|---|---|
| AASB-S2-5 | Governance Disclosure Objective |
| AASB-S2-6a | Governance Body Oversight |
| AASB-S2-6b | Management's Role in Governance |
| IM8-GOV.1 | ICT Governance Framework |
| IM8-GOV.2 | Roles and Responsibilities |
| IM8-GOV.3 | Policy Compliance |
| IM8-GOV.4 | ICT Security Risk Management |
| TNFD-GOV-A | Board Oversight |
| TNFD-GOV-B | Management's Role |
| TNFD-GOV-C | Human Rights and Stakeholder Engagement |
LEAP Assessment Approach
Integrated assessment process for identifying and responding to nature-related issues
| Code | Title |
|---|---|
| TNFD-LEAP-A | Assess |
| TNFD-LEAP-E | Evaluate |
| TNFD-LEAP-L | Locate |
| TNFD-LEAP-P | Prepare |
Risk and Impact Management
Pillar C: Processes for identifying, assessing, and managing nature-related issues
| Code | Title |
|---|---|
| TNFD-RIM-A | Identification and Assessment (Direct Operations) |
| TNFD-RIM-B | Identification and Assessment (Value Chain) |
| TNFD-RIM-C | Management of Nature-related Risks |
| TNFD-RIM-D | Integration into Overall Risk Management |
Strategy
Pillar B: Impact of nature-related issues on business strategy
| Code | Title |
|---|---|
| AASB-S2-10 | Risk Classification and Timeframes |
| AASB-S2-14 | Response Strategies and Transition Plans |
| AASB-S2-15 | Financial Effects Disclosure |
| AASB-S2-22 | Scenario Analysis for Climate Resilience |
| AASB-S2-9a | Climate Risks and Opportunities Identification |
| AASB-S2-9b | Business Model and Value Chain Effects |
| AASB-S2-9c | Strategy and Decision-Making Effects |
| AASB-S2-9d | Financial Position Effects |
| AASB-S2-9e | Climate Resilience |
| TNFD-STR-A | Nature-related Dependencies, Impacts, Risks and Opportunities |
| TNFD-STR-B | Effect on Business Model, Strategy and Financial Planning |
| TNFD-STR-C | Resilience of Strategy |
| TNFD-STR-D | Priority Locations |
Maps to 624 other frameworks
Frequently Asked Questions
What is TNFD Recommendations?
TNFD Recommendations is a compliance framework from International with 5 domains and 40 controls. Recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) v1.0, published September 2023. Provides a risk management and disclosure framework for organizations to report and act on evolving nature-related dependencies, impacts, risks, and opportunities. Consists of 14 recommended disclosures (11 recast from TCFD for nature plus 3 nature-specific additions) across 4 pillars, plus the LEAP assessment approach and 6 general requirements. It is used by organisations to establish and maintain compliance with industry standards and regulatory requirements.
How many controls does TNFD Recommendations have?
TNFD Recommendations has 40 controls organised across 5 domains. The largest domains are Strategy (13 controls), Governance (10 controls), General Requirements (9 controls). Each control defines specific requirements that organisations must implement to achieve compliance.
What frameworks does TNFD Recommendations map to?
TNFD Recommendations maps to 624 other compliance frameworks. The top mapping partners are EU Taxonomy Regulation (35% coverage), EU Taxonomy Regulation (Regulation 2020/852) (33% coverage), Singapore Government Instruction Manual on ICT&SS Management (IM8) (30% coverage). Use our comparison tool to explore control-level mappings between frameworks.
How do I get started with TNFD Recommendations compliance?
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