ESG Lynk’s Post

This is a fantastic development for companies looking to enhance their environmental reporting! The collaboration between GRI and TNFD will provide much-needed guidance for organizations to better understand and communicate their nature-related impacts. I'm eager to see how this will encourage more businesses to adopt sustainable practices and prioritize biodiversity in their operations. #ESG #Sustainability #CorporateReporting

The Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) have unveiled a joint interoperability mapping resource. This guide is designed to help companies report on nature-related and biodiversity risks and impacts using both GRI Standards and TNFD recommendations, ensuring they avoid double reporting. It was created in response to feedback from market participants, following the recent release of new standards and recommendations for nature and biodiversity-related reporting by both organizations. ESG Today | #ESG #GRI #TNFD #Nature #Biodiversity

Great news for adopters of the Taskforce on Nature-related Financial Disclosures (TNFD) and users of Global Reporting Initiative (GRI) Sustainability Standards! A new guidance document and correspondence table have been developed to help global GRI reporters align with TNFD Recommendations. This will also assist TNFD adopters in reporting their sustainability achievements using GRI Standards. There have been increasing calls within the #ESG community for harmonization among the various reporting standards and the numerous new ones that continue to emerge. It would be interesting to see how these standards can be adopted or aligned with local statutory and regulatory standards in each country. #ESGReporting #Sustainability #Biodiversity https://lnkd.in/d2frW989

Nature-related disclosure is quickly becoming a corporate reality. Driven by regulatory mandates such as the Corporate Sustainability Reporting Directive and proactive industry efforts like the Taskforce on Nature-related Financial Disclosure (TNFD) recommendations, this shift is gaining momentum. The integration of Target 15 of the Global Biodiversity Framework into national strategies this year will further amplify this trend.

The Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) have unveiled a new joint interoperability mapping resource designed to streamline ESG reporting related to nature and biodiversity. This guide aims to assist companies in integrating both the GRI Standards and TNFD recommendations, thus avoiding double reporting and enhancing the clarity of their sustainability disclosures. Read more at: https://lnkd.in/gJC6YcVB #GRI #TNFD #Seneca #SenecaESG #ESG

The Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) have just released a joint interoperability mapping resource which outlines the alignment between GRI Standards and TNFD Disclosure Recommendations. This is great news for sustainability professionals and stakeholders. For over two years, GRI and TNFD have worked together to develop each other’s guidance, including GRI’s input into the TNFD Recommendations and TNFD’s input into the GRI Biodiversity Standard. Responding to market feedback, they have created this guidance to help GRI’s 14,000 reporters align with TNFD Recommendations and assist TNFD Adopters in reporting according to GRI Standards. Learn more here:  https://lnkd.in/g6m_2nSd #Nature #Biodiversity #ESG #Sustainability

https://lnkd.in/dSBnzX3f The IFRS Foundation’s International Sustainability Standards Board (ISSB) announced plans to launch new projects researching corporate disclosure on risks and opportunities in key sustainability-related areas including biodiversity, ecosystems and ecosystem services, and human capital, with the initiative aimed at informing its work on future sustainability reporting standard setting #issb #disclosure #standard #biodiversity #humancapital

𝐉𝐎𝐈𝐍𝐓 𝐈𝐍𝐓𝐄𝐑𝐎𝐏𝐄𝐑𝐀𝐁𝐈𝐋𝐈𝐓𝐘 𝐌𝐀𝐏𝐏𝐈𝐍𝐆 𝐑𝐄𝐒𝐎𝐔𝐑𝐂𝐄 𝐉𝐎𝐈𝐍𝐓𝐋𝐘 𝐏𝐔𝐁𝐋𝐈𝐒𝐇𝐄𝐃 𝐁𝐘 𝐆𝐑𝐈 𝐀𝐍𝐃 𝐓𝐍𝐅𝐃 #GRI and the Taskforce on Nature-related Financial Disclosures (#TNFD) have published a joint #interoperability #mapping resource. This document aligns the TNFD Disclosure Recommendations with the GRI Standards, aiding GRI’s 14,000 global reporters in adopting TNFD Recommendations and helping TNFD adopters in sustainability reporting per GRI Standards. Key alignments include: ➤ Consistent use of nature-related concepts and definitions from IPBES. ➤ Incorporation of GRI’s materiality approach in TNFD guidance. ➤ Full reflection of GRI 101: Biodiversity 2024 disclosures in TNFD Recommendations, with the exception of those solely covering nature-related risk and opportunity identification. ➤ Strong consistency between TNFD core global disclosure metrics and GRI Standards metrics. ➤ Initial mapping of TNFD sector metrics with relevant GRI Sector Standards. ➤ Reference of the TNFD LEAP approach in GRI 101 for identifying significant biodiversity impacts. ➤ Use of TNFD definitions and criteria in GRI 101 for organizations located in or near ecologically sensitive areas. Sangeeta Basu Halabi (Forensic Audit, AML and ESG Specialist)

As biodiversity becomes a key focus in ESG disclosures, understanding its complex interactions is more crucial than ever. One Click LCA has developed a tool that aligns with the TNFD’s LEAP assessment approach, making it easier for companies to assess biodiversity impacts in their supply chains. Key features: ✅ Uses existing life cycle data for initial screenings. ✅ Identifies supply chain hotspots. ✅ Supports alignment with global standards like the EU’s CSRD. Biodiversity assessments are vital for managing operational, financial, and reputational risks. This tool provides a scalable solution to start these assessments, with no extra data collection required. 👉 Learn more about Integrating biodiversity into business decision-making and risk management with TNFD recommendations: https://lnkd.in/dEA6mQKw 📲 Talk to our carbon experts and see how we can support your biodiversity goals: https://lnkd.in/d9zKuEBh #Sustainability #Biodiversity #ESG #TNFD #OneClickLCA

This week’s ESG+ Newsletter covers a range of regions and topics. We begin by looking at how the growing focus on biodiversity by investors is resulting in the topic emerging at AGMs, the falling gender pay gap in the UK, and attempts by the carbon offset market to enhance its reputation. We look at the reporting landscape, including agreement between the European Commission and International Sustainability Standards Board (ISSB) on climate disclosures and the US ruling on GHG reporting for the oil and gas sector. Lastly, we look at the union between private equity and coral conservation, and the impact of EU regulation on Australian beef exports. You can read this week’s newsletter here: https://lnkd.in/enrEvbns Sign up to ESG+ here: https://lnkd.in/e8zykkqe Peter Reilly Jonathan Neilan Holly Pettingale Hetal Kanji Ben Fletcher Orla Hayes Niamh O'Brien Arnaud Cavé, CFA #ESG #ClimateChange #Sustainability #CorpGov #CorporateGovernance