ISSB and TNFD strengthen collaboration on nature-related disclosures
"A clear signal that we are committed to reducing fragmentation in sustainability disclosure."
The IFRS Foundation, which is behind the ISSB standards used for sustainability disclosures to investors, and the Taskforce for Nature-related Financial Disclosures (TNFD) have signed an agreement to enable reliable nature-related disclosures for capital markets.
The memorandum of understanding (MoU) signed this week means both parties will work together to build on the TNFD recommendations and integrate these, where relevant, into ISSB recommendations for disclosures to capital markets.
