Understanding a company’s nature-related impacts and developing action plans, oversight mechanisms, and monitoring tools to better manage them can help companies address a significant component of their sustainability programs.

May 10, 2022

Corporates and Nature: Going Beyond Climate

Below is an excerpt from ISS Corporate Solution’s recently released paper “Corporates and Nature: Going Beyond Climate.” The full paper is available for download from the ISS Corporate Solutions (ICS) online library HERE.

In recent years, climate change has been the focal point of corporate environmental disclosures. However, existing reporting frameworks do not adequately address the full impact and dependence of businesses on nature. This review examines the work of the Taskforce on Nature-related Financial Disclosures (TNFD), which aims to highlight the importance of nature-related risks, opportunities, and impacts for corporate issuers.


  • Existing environmental disclosure frameworks do not adequately address the dependence of businesses on nature.
  • The Taskforce on Nature-related Financial Disclosures (TNFD) seeks to shift global financial flows towards outcomes that positively impact nature and reduce negative impacts.
  • Although TNFD has not yet established standardized metrics, companies can begin quantifying known impacts of their operations by using existing frameworks and leveraging LEAP methodology.
  • Corporate issuers and other stakeholders are encouraged to engage with the Taskforce and provide feedback until the final framework is released in September of 2023.

By: Olivia Windorf – Sustainability Advisor, Peter Omasta – Sustainability Advisor

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