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Forests and Climate Change

Latest Draft Confirms TNFD’s Reputation as ‘The Next Frontier In Corporate Greenwashing On Nature’

8 Nov, 2022

River in the rainforest in Balok, Malaysia, photo by Eutah Mizushima

Press Release by Forests & Finance, 7 November 2022— Almost 18 months after the Taskforce on Nature-related Financial Disclosures (TNFD) launched, its latest draft gives little reason to believe that the global corporations behind it can be trusted to develop a credible reporting system that would meaningfully shift business behavior on biodiversity. On Friday, the TNFD issued its third draft on its proposed framework for how businesses should report on nature-related risks. The TNFD is a taskforce made up of …

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