More than 700 Companies Adopt TNFD Recommendations for Nature Disclosure
The Taskforce on Nature-related Financial Disclosures (TNFD) has announced that over 700 organizations are voluntarily implementing its recommendations. This coincides with the International Sustainability Standards Board (ISSB) advancing a standard-setting process that incorporates the Taskforce’s guidance.
ISSB and TNFD Collaboration
Based on research into biodiversity, ecosystems, and ecosystem services (BEES), the ISSB will introduce new or revised requirements aligned with common investor information needs. This follows a signed agreement between the TNFD and the International Financial Reporting Standards (IFRS) Foundation to integrate nature disclosures into the ISSB's work.
The ISSB intends to have an exposure draft of the new requirements ready by the CBD COP17 in October 2026.
TNFD’s Future Focus
After the ISSB announcement, the TNFD stated it will complete all ongoing technical projects, including developing additional sector-specific guidance, by the third quarter of 2026. Further technical guidance development will be paused, with focus shifting to supporting the ISSB’s work programme.
The TNFD would then conclude its technical work programme subject to the outcome of the ISSB’s standard-setting process, likely in 2027.
Key Points
- 700+ organizations voluntarily adopting TNFD recommendations
- ISSB is creating standards based on TNFD guidance and BEES research
- Draft new requirements expected by October 2026 during CBD COP17
- TNFD to complete ongoing work by Q3 2026 and then pause further guidance
- Finalization of TNFD technical work depends on ISSB’s process outcome, expected in 2027
Author's summary: Over 700 companies now follow TNFD guidance as the ISSB moves to formalize nature-related disclosure standards, with key deadlines set for 2026 and 2027.
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