Companies Get Renewed Pressure to Disclose Nature-Related Risks

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 50%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Executives from companies, banks and asset managers published guidelines aimed at helping businesses disclose the risks they face from dwindling ecosystem resources, part of a broader global effort to get more funds devoted to halting and reversing nature loss.

The science-based recommendations, known as the Task Force for Nature-related Financial Disclosures , have been refined over the past two years with input from executives at companies including BlackRock Inc., UBS Group AG and HSBC Holdings Plc. TNFD seeks to be the primary way for companies to measure and act on their nature-related dependencies and opportunities.

The risks encompass issues ranging from deforestation and water stress to pollution and species loss. About 85% of the world’s largest companies are directly dependent on nature across their operations, according to data from S&P Global Inc., which has provided input into the TNFD process. TNFD is a voluntary system — building on the older Task Force for Climate-Related Financial Disclosures — and success will depend on how quickly it’s adopted. The process may speed up if countries push to make TNFD disclosures mandatory, just as some have done for TCFD. The plan for TNFD is to start tracking voluntary market adoption beginning next year.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 83. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Power trip: Energy transition opens investing opportunities in small-to-mid-sized Canadian companiesSMBs are better positioned to build revenue models on clean energy. Find out more.
Fonte: financialpost - 🏆 7. / 85 Consulte Mais informação »

Power trip: Energy transition opens investing opportunities in small-to-mid-sized Canadian companiesSMBs are better positioned to build revenue models on clean energy. Find out more.
Fonte: fpinvesting - 🏆 43. / 63 Consulte Mais informação »