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In this episode of The Greener Way, host Michelle Baltazar discusses the transition to nature-positive investment portfolios with Lucian Peppelenbos, climate and biodiversity strategist at Robeco.Lucian shares his insights on the importance of incorporating environmental impacts into investment strategies, using the Task Force for Nature-related Financial Disclosures (TNFD) guidance, and the launch of Robeco's biodiversity traffic light system.Together they discuss how investors can measure and monitor nature risks and opportunities to support the transition towards a nature-positive economy, while adhering to sustainable investment practices.01:13 Understanding Robeco's sustainability approach03:40 The complexity of measuring nature risks06:22 The new biodiversity traffic light system12:28 Opportunities and future developmentsThis podcast uses the following third-party services for analysis: OP3 - https://op3.dev/privacy
Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.A video of this podcast is available on YouTube, Spotify, or PwC's website at viewpoint.pwc.com.In this episode, we continue with an overview of key frameworks, regulatory developments, and resources to leverage on the reporting journey. Host Heather Horn is joined by PwC sustainability reporting specialists and National Office partners, Marcin Olewinski, Diana Stolzfus, and Valerie Wieman to cover the key sustainability reporting frameworks that are expected to have the broadest impact globally as well as interoperability among them. In this episode, we discuss:1:45 – Overview of the key sustainability reporting frameworks expected to have the broadest impact globally5:07 – Corporate Sustainability Reporting Directive, or CSRD, as part of a broader EU regulatory regime*14:18 – International Sustainability Standards Board, or ISSB, standards and inoperability with other frameworks29:10 – GHG Protocol for mandatory and voluntary reporting of greenhouse gas emissions now and in the future 36:13 – Voluntary reporting frameworks including:Task Force on Climate-related Financial Disclosures (TCFD)Global Reporting Initiative (GRI)Climate Disclosure Standards Board (CDSB)Task Force on Nature-related Financial Disclosures (TNFD)44:53 – Practical advice on approaching sustainability reporting requirements in an evolving landscapeAbout our guestsMarcin Olewinski is a PwC Assurance practice partner, with over 20 years of experience bringing valued perspectives and insights to large clients in the energy sector. Additionally, he's focused extensively within PwC's National Office on greenhouse gas emissions and sustainability reporting and leads PwC's global technical working group focused on GHG.Diana Stoltzfus is a partner in the National Office who helps to shape PwC's perspectives on regulatory matters, responses to rulemakings, and policy development, and implementation related to significant new rules and regulations. Prior to rejoining PwC, Diana was the Deputy Chief Accountant in the Office of the Chief Accountant (OCA) at the SEC where she led the activities of the Professional Practices Group within the OCA.Valerie Wieman is a PwC National Office partner with over 30 years of experience. She is one of the firm's technical experts on sustainability reporting and helps lead the creation, development, and publication of our brand-defining thought leadership, with a focus on domestic and international sustainability requirements.About our hostHeather Horn is the PwC National Office Sustainability and Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC's global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting. She is also the engaging host of PwC's accounting and reporting weekly podcast and quarterly webcast series.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com
NextEnergy Capital group lead for nature Hing Kin Lee talked with Proactive's Stephen Gunnion about the company's commitment to protecting and enhancing natural ecosystems. He discussed how NextEnergy Group integrates nature-focused strategies into its solar and energy storage assets, ensuring long-term sustainability. Lee explained the company's recently launched nature strategy, which addresses environmental risks and opportunities linked to its operations. The strategy aligns with global standards such as the Taskforce on Nature-related Financial Disclosures (TNFD) and the Science Based Targets Network (SBTN). Key targets include no conversion of natural ecosystems, responsible land use, nature restoration, and supply chain transparency. Lee emphasised the dual benefits of clean energy generation and biodiversity enhancement, noting that integrating agriculture with solar (agrivoltaics) can improve land use efficiency. He also highlighted how NextEnergy Capital is exploring natural capital markets and potential financial opportunities from biodiversity gains. “Since 2014, NextEnergy Capital has been absolutely committed to protecting, conserving, and enhancing natural ecosystems,” said Lee. He believes the company's nature strategy strengthens its ESG performance and provides additional value for investors. For more insights from industry leaders, visit Proactive's YouTube channel. Don't forget to like this video, subscribe, and turn on notifications for future updates! #NextEnergyCapital #RenewableEnergy #Sustainability #SolarEnergy #ESG #ClimateAction #Biodiversity #NatureStrategy #TNFD #GreenInvesting
Nature is essential to our survival and wellbeing, yet we are rapidly destroying it. Human activities like urbanisation, pollution, deforestation and commercial fishing are all degrading Earth's biodiversity at an alarming rate. While they have historically been treated as two separate issues, climate change and biodiversity loss are deeply connected. In this episode, James and Daisy discuss nature. Why is protecting nature important? What exactly is natural capital? What emerging incentives are there to prevent biodiversity loss? SOME RECOMMENDATIONS:The Dasgupta Review – an independent, global review of the Economics of Biodiversity led by Prof. Sir Partha Dasgupta, commissioned in 2019 by HM Treasury. It looks at how we think, act, and measure economic success to protect and enhance the natural world. The Taskforce on Nature-related Financial Disclosures (TNFD) has developed a set of disclosure recommendations and guidance that encourage and enable business and finance to assess, report and act on their nature-related dependencies, impacts, risks and opportunities.Radical Realist – the weekly newsletter from The Conduit, that “brings you the biggest impact stories from across the globe.” OTHER ADVOCATES, FACTS, AND RESOURCES:Living Planet Report (WWF) – a comprehensive study of trends in global biodiversity and the health of the planet. Over the past 50 years (1970–2020), the average size of monitored wildlife populations has shrunk by 73%, as measured by the Living Planet Index (LPI). Stop Ecocide International – Polly Higgins was a British barrister who fought for ‘ecocide' to be recognised as a crime, just as genocide is. Philippe Sands KC helped draw up the definition of ecocide. Climate Asset Management – formed in 2020 as a joint venture of HSBC Asset Management and Pollination, with the ambition to grow the world's largest asset management company dedicated to natural capital.Nattergal is a company with a mission to deliver nature recovery at scale, to provide vital benefits for society and sustainable financial returns.Highlands Rewilding seeks to help rewild and re-people the Scottish Highlands by increasing carbon sequestration, growing biodiversity, creating green new jobs and generating sustainable profit for purpose.Faith In Nature – this beauty company has appointed a director to represent nature on its board. Ingka Young Leaders Forum – a global youth advisory council where Ingka Group's senior decision-makers and the Young Leaders Forum members co-create actionable and transformational strategies together. Ingka Group is the largest IKEA franchisee. Kunming-Montreal Global Biodiversity Framework (GBF) – the framework agreed at COP15 consisting of global targets to be achieved by 2030 and beyond to safeguard and sustainably use biodiversity. It includes the “30x30” conservation target, that calls for 30% of the earth's land and sea to be conserved through the establishment of protected areas (PAs) and other area-based conservation measures (OECMs).Thames Tideway Tunnel (or super sewer) – a £4.5 billion project to increase the capacity of the sewage system. It is a 25km tunnel running from west to east London which will help protect the River Thames from sewage pollution.Earth Overshoot Day – this year's date was Thursday, 1 August 2024.The Joni Mitchell song James mentioned is called Big Yellow Taxi. It's one our favourites!Thank you for listening! Please follow us on social media to join the conversation: LinkedIn | Instagram | TikTokMusic: “Just Because Some Bad Wind Blows” by Nick Nuttall, Reptiphon Records. Available at https://nicknuttallmusic.bandcamp.com/album/just-because-some-bad-wind-blows-3Huge thanks to Siobhán Foster, a vital member of the team offering design advice, critical review and organisation that we depend upon.Stay tuned for more insightful discussions on navigating the transition away from fossil fuels to a sustainable future.
Dive into the hidden world where nature and finance intertwine. In this eye-opening finale of Nature IS, we explore how the natural world is reshaping corporate balance sheets and financial decision-making. Join us as we host Tony Goldner, Executive Director of the Task Force on Nature-related Financial Disclosures (TNFD), who reveals how businesses can thrive by embracing their dependencies on nature. Discover: Why every business's future depends on nature's resilience; How over 400 companies are pioneering nature-focused reporting; The challenges and opportunities in bringing nature onto the balance sheet; Why understanding 'ecosystem services' is crucial for your business. From Wall Street to the Amazon, this episode uncovers the new frontier of corporate responsibility. Are you ready to see business through nature's lens? Watch now and join the movement to redefine business success in harmony with our planet. Additional footage provided by TNFD. Learn more: https://tnfd.global/
Dive into the hidden world where nature and finance intertwine. In this eye-opening finale of Nature IS, we explore how the natural world is reshaping corporate balance sheets and financial decision-making. Join us as we host Tony Goldner, Executive Director of the Task Force on Nature-related Financial Disclosures (TNFD), who reveals how businesses can thrive by embracing their dependencies on nature. Discover: Why every business's future depends on nature's resilience; How over 400 companies are pioneering nature-focused reporting; The challenges and opportunities in bringing nature onto the balance sheet; Why understanding 'ecosystem services' is crucial for your business. From Wall Street to the Amazon, this episode uncovers the new frontier of corporate responsibility. Are you ready to see business through nature's lens? Watch now and join the movement to redefine business success in harmony with our planet. Additional footage provided by TNFD. Learn more: https://tnfd.global/
NextEnergy Solar Fund non-executive director and head of the ESG committee, Josephine Bush, talked with Proactive's Stephen Gunnion about the company's latest initiatives and sustainability strategies. Bush detailed the complexities and responsibilities of her role, highlighting the development of sustainability strategies, execution disciplines, and risk management approaches. "Part of my role is to help develop the strategic approach, the execution disciplines, approach to risk management, and really importantly for disclosure," she said. The discussion also covers the recently released 2024 sustainability and ESG report, which adheres to the new International Sustainability Standards Board (ISSB) standards. Bush explained how NextEnergy Solar Fund is an early adopter of these standards, positioning itself as a leader in global sustainability reporting. The fund's focus on climate change, biodiversity, and human rights is emphasised, alongside its classification as an Article 9 fund, showcasing its commitment to sustainable investments. Moreover, Bush elaborated on the Task Force for Nature-related Financial Disclosures (TNFD) and the fund's role in biodiversity enhancement and nature restoration. With initiatives ranging from clean energy production to community contributions, the fund's diverse impact is clear. For more detailed insights, watch the full interview and learn how NextEnergy Solar Fund is making significant strides in sustainability. Don't forget to give the video a like, subscribe to the channel, and enable notifications for future content. #NextEnergySolarFund #ESG #Sustainability #RenewableEnergy #ClimateChange #JosephineBush #CleanEnergy #SustainableInvesting #Biodiversity #ISSB #TNFD #ProactiveInterviews #greenenergy #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Hear from David Carlin, Head of Risk at the UNEP Finance Initiative, as we dive into their latest reports covering the climate risk tool landscape, the use of AI in disclosures, and 1.5 degree warming scenarios. As the world's leading authority on the environment, the United Nations Environment Programme (or UNEP), has a mission to inspire, inform, and enable nations and peoples to improve their quality of life, without compromising that of future generations. And, they recognise the critical role of the financial system in achieving this goal. Through UNEP FI – their Financial Initiative – they convene networks of banks, insurers and investors to help accelerate sustainable development, as well as manage the associated risks. Today's guest is an energetic part of this network, helping financial firms tackle issues such as climate scenario analysis, climate risk assessments, and navigating the world of sustainability regulation. In this episode, we'll explore some key insights from his work, including: · How the landscape of climate risk tools and analytics providers is changing, for example with the increased use of Machine learning and AI; · The challenges of translating the science of climate change to actionable insights for financial practitioners. · And our guests' secrets for reaching 100,000 followers on LinkedIn to help drive awareness of these vitally important topics. To find out more about the Sustainability and Climate Risk (SCR®) Certificate, follow this link: https://www.garp.org/scr For more information on climate risk, visit GARP's Global Sustainability and Climate Risk Resource Center: https://www.garp.org/sustainability-climate If you have any questions, thoughts, or feedback regarding this podcast series, we would love to hear from you at: climateriskpodcast@garp.com Links from today's discussion: UNEPFI homepage – https://www.unepfi.org/ UNEPFI's 2024 Climate Risk Landscape Report – https://www.unepfi.org/themes/climate-change/2024-climate-risk-landscape/ David Carlin's LinkedIn page - https://www.linkedin.com/in/david-carlin7/ Speaker's Bio David Carlin, Head of Risk, United Nations Environment Programme Finance Initiative (UNEPFI) David and his team support financial actors across the world to develop best practices for managing environmental risks and identifying environmental opportunities. Alongside his current role, David advises the Task Force on Nature-related Financial Disclosures (TNFD) and the Net-Zero Banking Alliance (NZBA) and is the founder of Cambium Global Solutions, which helps governments, corporations, and financial institutions address environmental challenges. Prior to his current role, David worked as a Principal in Finance, Risk, and Public Policy for Oliver Wyman.
About 50% of global GDP is at least moderately dependent on nature, according to the World Bank. Increasing recognition of this dependency has fueled new biodiversity-related disclosure frameworks, regulations, and investor action. In this episode of ESG Currents, Bloomberg Intelligence's Eric Kane and Melanie Rua are joined by David Craig, co-chair of the Task Force on Nature-related Financial Disclosures (TNFD) to discuss how climate and biodiversity are interrelated, how the TNFD framework fits in with other disclosure guidelines, hopes for COP 16 in Colombia, why nature risk is financial risk, and much more. This episode was recorded on Mar. 18. See omnystudio.com/listener for privacy information.
In our fourteenth episode, Mark Lee talks to Emily McKenzie, Technical Director at the Taskforce on Nature-related Financial Disclosures (TNFD), and Matt Haddon, Global Leader, Biodiversity, Water & Nature at ERM, about the latest developments in nature disclosure and how companies are responding. Their conversation covers:How C-suite execs are using TNFD to understand nature risks and opportunitiesImproving data gathering and analysis to support nature management and disclosureExpectations for the upcoming COP16 Biodiversity Conference in Colombia Related links:Sustainable Connections Podcast: Building nature into business strategy (erm.com)
In our final ESG Insider episode of 2023, we're revisiting some of our most popular episodes, top interviews and key sustainability themes from the past year, which pushed the podcast over 1.5 million downloads. In the episode we hear from guests including: Val Smith, Chief Sustainability Officer at Citigroup; full interview here: https://www.spglobal.com/esg/podcasts/big-bank-citi-talks-net-zero-goals-scope-3-emissions-climate-disclosure Sue Lloyd, Vice Chair of the International Sustainability Standards Board (ISSB); full interview here: https://www.spglobal.com/esg/podcasts/talking-international-sustainability-standards-with-issb-s-sue-lloyd Tony Goldner, Executive Director of the Taskforce on Nature-related Financial Disclosures (TNFD); full interview here: https://www.spglobal.com/esg/podcasts/tnfd-executive-director-talks-new-nature-disclosure-framework Martin Lok, Executive Director of the nonprofit Capitals Coalition; full interview here: https://www.spglobal.com/esg/podcasts/how-companies-countries-are-beginning-to-put-a-value-on-nature Dr. Atul Arya, Senior Vice President and Chief Energy Strategist at S&P Global Commodity Insights and Co-Chair of the S&P Global Research Council; full interview here: https://www.spglobal.com/esg/podcasts/exploring-india-s-energy-transition-and-climate-adaptation-landscape Dame Susan Rice, who chairs the global steering group of the nonprofit Global Ethical Finance Initiative (GEFI); full interview here: https://www.spglobal.com/esg/podcasts/cop28-highlights-need-for-innovative-climate-finance-solutions Laura Lane, Executive Vice President and Chief Corporate Affairs and Sustainability Officer at UPS; full interview here: https://www.spglobal.com/esg/podcasts/women-in-leadership-why-ups-head-of-sustainability-says-you-don-t-need-a-title-to-lead Here's the list of our 10 most downloaded episodes from 2023: 1. How financial institutions are tackling Scope 3 financed emissions: https://www.spglobal.com/esg/podcasts/how-financial-institutions-are-tackling-scope-3-financed-emissions 2. How sustainable taxonomies are going global: https://www.spglobal.com/esg/podcasts/how-sustainable-taxonomies-are-going-global 3. Setting the stage for sustainability in 2023: https://www.spglobal.com/esg/podcasts/setting-the-stage-for-sustainability-in-2023 4. Regulation, supply chains, climate justice, employee burnout: The big challenges facing sustainability professionals: https://www.spglobal.com/esg/podcasts/big-challenges-facing-sustainability-professionals 5. How companies, countries are beginning to put a value on nature: https://www.spglobal.com/esg/podcasts/how-companies-countries-are-beginning-to-put-a-value-on-nature 6. How asset managers are moving to end commodity-driven deforestation: https://www.spglobal.com/esg/podcasts/how-asset-managers-are-moving-to-end-commodity-driven-deforestation 7. What the future holds for sustainable investing, according to longtime US SIF CEO: https://www.spglobal.com/esg/podcasts/what-the-future-holds-for-sustainable-investing-according-to-longtime-us-sif-ceo 8. How discussions of stakeholder capitalism have evolved at Davos: https://www.spglobal.com/esg/podcasts/how-discussions-of-stakeholder-capitalism-have-evolved-at-davos 9. On the ground at CERAWeek: Where the energy world stands on the low-carbon transition: https://www.spglobal.com/esg/podcasts/on-the-ground-at-ceraweek-where-the-energy-world-stands-on-the-low-carbon-transition 10. Unpacking the EU's Green Deal Industrial Plan: https://www.spglobal.com/esg/podcasts/unpacking-the-eu-s-green-deal-industrial-plan Happy New Year! This piece was published by S&P Global Sustainable1, a part of S&P Global. Copyright ©2023 by S&P Global DISCLAIMER By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. 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In this episode of Hymans Robertson On... our host, Amy Sutherland, presents the latest episode in our investment series, and is joined by Andre Ranchin, Investment Consultant at Hymans Robertson and Ann Meoni, Senior Sustainability Analyst at Abrdn.In the advent of the Task Force on Climate-related Financial Disclosures (TCFD), you may have heard of the upcoming Task Force on Nature-related Financial Disclosures (TNFD). Whilst there's some expectation that investors may start disclosing in line with TNFD in the future, the time for action is now. During this episode, we discuss biodiversity and natural capital, and identify some of the steps asset owners may wish to take to integrate nature and biodiversity considerations into investment strategy and journey plans.Hymans Robertson DisclaimerThis podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as of 28 November 2023. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guest's views are separate to that of Hymans Robertson.The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.
On 30th November at 2-3pm CET, Innovation Forum hosted a webinar on nature-positive business approaches in partnership with Golden Agri-Resources. This is an audio recording of the webinar. Faced with what the United Nations calls an ‘unprecedented' decline in biodiversity, businesses are taking action to find solutions to reduce and ultimately reverse human impacts on our ecosystems. Recent initiatives such as the 2022 Kunming-Montreal Global Biodiversity Framework, recommendations from the Taskforce on Nature-related Financial Disclosures (TNFD) and the Nature Positive Initiative aim to offer a path forward with definitions to guide conservation organisations, businesses and financiers towards a net positive impact on nature. But how can businesses put guidance and solutions into practice, and what steps should be taken to set clear goals and find novel solutions for organisations to contribute to a better future for biodiversity and nature? In this webinar, our expert panel discussed: • How should businesses define terms like nature zero and nature positive to help them measure and manage progress? • What action brands are already taking to create and articulate their nature strategies, and what lessons can be learned for the future to drive measurable change. • Where and how should companies set targets to effectively address a nature-positive future? • The support needed from government, regulators, finance and other stakeholders to achieve change Our panel: • Götz Martin, Head of Sustainability and Strategic Projects, Golden Agri-Resources • John Buchanan, Vice President Sustainable Production, Conservation International • Conor McMahon, Global Net Zero and Nature Lead, Nestlé • Loraiza Davies, Global Sustainability Manager, Land and Biodiversity, GSK The webinar was moderated by Tanya Richard, COO and Head of Stakeholder Engagement at Innovation Forum
In what ways does business interact with nature? What can businesses do about the biodiversity crisis, the loss of wildlife populations or species facing extinction? In September, the Taskforce on Nature-related Financial Disclosures (TNFD) came up with at least some of the answers, with its recommendations providing the tools and methodologies needed by companies and investors to develop a sustainable relationship with nature. To discuss it on the podcast this week, Richard Howitt receives TNFD's Executive Director and Technical Director, Tony Goldner and Emily McKenzie. You'll hear more about: - How can nature present a risk to business - Where do the TNFD Recommendations fit with the rest of reporting frameworks such as the ESRS or the ISSB Standards. - The relationship between TNFD and TCFD - The guidance available to businesses to implement the recommendations, including the LEAP approach Listen in and follow us on LinkedIn and Twitter! ***Participate in our anonymous survey: Help us understand what you enjoy in the show, what you want us to do better, and who you want to listen to next! https://forms.gle/xCkhhWrwf6qCiyJHA
Host Lina Apsheva speaks with Johan Florén, the head of ESG and Communication at the Swedish pension fund AP7. They discuss the way AP7 works with sustainability, Johan's role in the Taskforce for Nature-related Financial Disclosures (TNFD), and how this pioneering framework will impact the financial industry.
This week it is over to you, our listeners as the hosts strive to answer all of your challenging and wonderful questions: Should we be having children? How long have we got? How do international conflicts impact climate? And so many more… Thank you so much to everyone who took the time to send through a question to our hosts, you made this a very special episode. Apologies if we weren't able to get to yours, please do go and engage with us on social media and share your thoughts. We also have an edited interview between our friend and colleague Sue Reid and the incredible Elizabeth Maruma Mrema, a Tanzanian biodiversity leader and lawyer, speaking in her capacity as Co-Chair of The Taskforce on Nature-related Financial Disclosures (TNFD) on the incredible launch of TNFD's final framework/recommendations at Climate Week NYC on 18 Sept and the urgent need to shake up current paradigms that still pervasively treat nature as disposable and limitless. Music this week comes from Passiflora and their wonderful track ‘Bosque'. NOTES AND RESOURCES Latin America and Caribbean Climate Week Links to the report mentioned by the hosts at the top of the episode called: Latin American successes in the energy transition can be found here Taskforce on Nature-Related Financial Disclosures Elizabeth Maruma Mrema, Assistant Secretary-General of the United Nations and Deputy Executive Director of the UN Environment Programme and Co-Chair of The Taskforce on Nature-related Financial Disclosures (TNFD) LinkedIn | Twitter Here is the link to the published TNFD framework. MUSIC GUEST Passiflora Website | Facebook | Instagram | YouTube | Bandcamp | Spotify Check out Passiflora's Live Album ‘Noches en vela' on Bandcamp Learn more about the Paris Agreement. It's official, we're a TED Audio Collective Podcast - Proof! Check out more podcasts from The TED Audio Collective Please follow us on social media! Twitter | Instagram | LinkedIn
ESG Talk host Andie Wood discusses the final recommendations of the Task Force on Nature-related Financial Disclosures (TNFD) and their connection to the Task Force on Climate-related Financial Disclosures (TCFD). Join us as Andie unpacks the significance of both guidelines, their strategic timing, and their impact on environmental sustainability and financial transparency.
The Taskforce on Nature-related Financial Disclosures (TNFD) released its final disclosure recommendations for nature-related dependencies, impacts, risks and opportunities on September 18. Given the interrelationship between climate and nature — and the dependence of business on nature — companies may want to consider this new framework as a tool in communicating their full sustainability story.This week, Heather Horn is joined by Daniel O'Brien, PwC Canada's Sustainable Business Solutions leader and TNFD member, to discuss what companies should do now to prepare to make effective nature-related disclosures.In this episode, you'll hear discussion of:4:18 - Background on the TNFD, including how the taskforce was formed and its mission8:11 - The key principles of the TNFD framework and interoperability of the TCFD framework with existing climate reporting frameworks13:36 - Complexities in critical areas of the TNFD framework 20:08 - Recommendations for how companies should approach TNFD disclosures29:29 - How companies should approach data collection for qualitative and quantitative nature disclosures31:10 - Best practices and common pitfalls in reporting nature-related disclosures37:33 - Final thoughts on why companies should consider utilizing the TNFD frameworkLooking for more information on nature related reporting? Check out a podcast from our “Becoming nature positive” series on Committing, measuring, and reporting. Daniel O'Brien is PwC Canada's Sustainable Business Solutions leader, helping clients to align their business strategies with the environmental and social challenges and opportunities of the future economy. Daniel has over 18 years of experience in environmental consulting and management. He is also a member of the Taskforce on Nature-related Financial Disclosures (TNFD).Heather Horn is PwC's National Office thought leader, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC's accounting and reporting weekly podcast and quarterly webcast series. With over 30 years of experience, Heather's accounting and auditing expertise includes financial instruments and rate-regulated accounting.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.
Episode 15: ESG Soundbite Series The Taskforce on Nature-related Financial Disclosures (TNFD) published the final version of its recommendations on a framework to identify, assess, manage, and disclose nature-related issues. In this podcast, Kim Rybarczyk and Jon Tan discuss the final recommendations, including what the framework means for businesses and how it fits in with existing climate reporting frameworks. To listen to all episodes in this series, visit our ESG Soundbite Series webpage.
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Episode 15: ESG Soundbite Series The Taskforce on Nature-related Financial Disclosures (TNFD) published the final version of its recommendations on a framework to identify, assess, manage, and disclose nature-related issues. In this podcast, Kim Rybarczyk and Jon Tan discuss the final recommendations, including what the framework means for businesses and how it fits in with existing climate reporting frameworks. To listen to all episodes in this series, visit our ESG Soundbite Series webpage.
In the final instalment in our three-part series exploring the Taskforce on Nature-related Financial Disclosures (TNFD) framework, Partner Katharine Lewis finishes her conversation with Dr Stephanie Hime, Managing Director of Little Blue Research by looking at how the TNFD framework works compared to different environmental reporting standards and how the framework might evolve over time.
In the second instalment in our series exploring the Taskforce on Nature-related Financial Disclosures (TNFD) framework, Partner Katharine Lewis continues her conversation with Dr Stephanie Hime, Managing Director of Little Blue Research, where they discuss how reporting can help organisations know how nature impacts their financial performance and the steps businesses can take to prepare for the implementation of the framework.
In the first episode in our three-part series exploring the Taskforce on Nature-related Financial Disclosures (TNFD) framework, Partner Katharine Lewis is joined by Dr Stephanie Hime, Managing Director of Little Blue Research, to breakdown what the TNFD framework is, who it applies to and how it can be applied to businesses in the real estate sector, transport sector and public sector.
In this episode of the ESG Insider podcast, we're on the ground at the GreenFin conference, which convened stakeholders from across the green finance ecosystem. We hear from panelists and attendees about key themes from the event — the challenges of closing the climate financing gap; how 2023 is "the year of the transition plan;" and the importance of translating sustainability topics for a broad audience, including employees, investors and the public at large. In the episode we speak to: -Aeisha Mastagni, Portfolio Manager in the Sustainable Investment and Stewardship Strategies unit of big US pension fund California State Teachers' Retirement System (CalSTRS) -Tobi Petrocelli, Head of Sustainability and Transition Finance Strategy for MUFG Americas, a division of large Japanese bank Mitsubishi UFJ Financial Group (MUFG) -Rob Bradley, Managing Director of Climate Change and Sustainability Services at big consulting and advisory firm Ernst & Young (EY) -Matthew Sekol, Sustainability Industry Advocate at Microsoft -Catherine Berman, CEO and Co-Founder of CNote, an impact investment platform helping large companies move capital into community investments -Elizabeth Harnett, Research and Impact Expert in the Center for Climate-Aligned Finance at RMI, a US think tank focused on the clean energy transition Listen to our episode featuring the Executive Director of the Taskforce on Nature-related Financial Disclosures (TNFD) here: https://www.spglobal.com/esg/podcasts/tnfd-executive-director-talks-new-nature-disclosure-framework Photo credit: Getty Images Copyright ©2023 by S&P Global DISCLAIMER By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.
Biodiversity and nature are gaining attention from companies, investors and governments. At the same time, many stakeholders are in the early stages of measuring and understanding nature-related risks. In this episode of ESG Insider, we sit down at the GreenFin conference with Tony Goldner, Executive Director of the Taskforce on Nature-related Financial Disclosures (TNFD). He explains how TNFD's soon-to-be-finalized set of disclosure recommendations could help companies understand their nature-related risks and increase investment in nature-related climate solutions. "These two things are inextricably linked, and the solutions to one will enable solutions to the other," Tony tells us. "The science is increasingly clear: We're not going to get to net-zero if nature is not absolutely at the core of the solution set." Read research from S&P Global Sustainable1 on nature-related risks and dependencies here: https://www.spglobal.com/esg/insights/featured/special-editorial/how-the-world-s-largest-companies-depend-on-nature-and-biodiversity Listen to the episode of the ESG Insider podcast where we cover the U.N.'s COP 15 biodiversity, which resulted in a landmark agreement for nature known as the Global Biodiversity Framework: https://www.spglobal.com/esg/podcasts/on-the-ground-at-cop15-how-business-is-getting-to-grips-with-biodiversity Read the S&P Global Sustainability Quarterly here: https://www.spglobal.com/esg/insights/featured/sustainability-journal/second-quarter-2023-edition-solving-sustainability-challenges Photo source: Getty Images Copyright ©2023 by S&P Global DISCLAIMER This piece was published by S&P Global Sustainable1, a part of S&P Global. By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.
In our seventh episode, Mark Lee talks to Julie Moorad, Senior Manager, Global Climate Action at Salesforce, and Caitlin Brown, Senior Consultant at ERM, about how businesses can better assess and respond to their nature-related risks and opportunities. Their conversation covers:Creating a nature positive business strategyIntegrating nature into corporate climate actionHow to apply the Taskforce on Nature-related Financial Disclosures (TNFD) framework to understand business risk and opportunityRelated links: Salesforce Nature Positive StrategyPrepare to LEAP: Updates to the TNFD framework and planning for the future - SustainAbility Institute by ERM briefing
A splash of relief: Colorado River and the water conundrum In April, our discussion around the U.S. Bureau of Reclamation deliberating over Colorado River water withdrawals seems to have culminated in an agreement. The New York Times reported the conclusion of a rather prolonged dialogue about water cutback, initially pitched by Secretary Haaland at an estimated 2 million acre-feet per year (that's about 650 billion gallons of water per year), the compromise lands at 3 million acre-feet over 3.5 years, a sizeable reduction despite being smaller than the initial proposition. These measures, drastic for those states involved, are a result of thoughtful negotiation and a fortuitous streak of record winter rainfall. Now, the finer details of this arrangement reveal that only about 700,000 acre-feet of these cuts are voluntary. The rest are entangled with federal grant payments amounting to $1.2 billion from the Inflation Reduction Act, which will be funneled into tribal communities, irrigation districts, and cities willing to trim their residential and industrial water use. The question of agricultural water consumption also comes to the forefront, as it stands at 79% of the Colorado River's water use, massively overshadowing the 12% used by residential areas. Interestingly, 55% of this huge agricultural demand feeds livestock for meat and dairy. That means a shift in dietary habits could have far-reaching environmental benefits. Pioneering corporate nature standards: The dawn of SBTN Let's shift gears and focus on the Science Based Targets Network (SBTN), a consortium of over 80 organizations formed to align business operations with Earth's ecological boundaries. The SBTN recently published its inaugural corporate standard for science-based targets for nature. This benchmark encourages companies to scrutinize and prioritize their environmental impacts across land and water parameters. It provides a solid methodology for setting targets grounded in science, thereby addressing pressing environmental issues. The backstory of this development finds its roots in the COP 15 in Montreal, a convention dedicated to biodiversity, where governments across the globe agreed upon a Biodiversity Framework that aims to curb biodiversity loss, shield natural ecosystems, and increase biodiversity-related financing. Additionally, pressure from investors has led companies to assess and report on nature and biodiversity-related issues, guided by a new disclosure system—the Taskforce on Nature-related Financial Disclosures (TNFD). All these initiatives reflect the single materiality approach of financial materiality, which aims to safeguard nature and biodiversity and comprehend financial material risks and opportunities related to them. Despite being early days for the SBTN targets, the 17 companies involved in the pilot project show promise—it also marks a turning point in our collective approach to sustainability.
Episode Summary Hosts: Nishant Bhagchandani, Sales Manager, Sustainable Finance Solutions Nicholas Gandolfo, Vice President, Corporate Solutions Regulation, Guidance and Taxonomy Updates Keep Market Participants on Their Toes In this episode, Nick and Nishant discuss the flurry of updates in the sustainable finance regulation and guidance space. The European Union has reached a long-awaited deal on the first set of comprehensive rules for issuing green bonds. Although voluntary, the EU Green Bond Standards will help investors identify high-quality green bonds and may set a precedent for other jurisdictions. The Green Loan Principles, Social Loan Principles, and Sustainability-Linked Loan Principles were also recently updated to align more closely to current market practice and provide additional guidance to borrowers (e.g., recommendations that borrowers obtain an independent external review of their green, social and sustainability-linked loan processes). Other updates include recommendations for the sustainable finance taxonomies being developed in Australia and Canada, as well as the new draft version of the Taskforce for Nature-related Financial Disclosures (TNFD) framework. What the Final TNFD Framework Could Mean for Sustainable Finance With the release of the fourth beta framework from the TNFD, market participants eagerly await the final version, due to be published this fall. This latest beta release includes a full draft reporting framework and a set of disclosure metrics, along with assessment metrics to be used by companies. The disclosure metrics will also include some core measures which are applicable to all sectors. The final framework will help to standardize the sustainability metrics companies report on, making them usable in sustainability-linked instruments and speeding up the framework's adoption. Key Moments 0:00:59 Market overview 0:02:32 Market forecast 0:03:22 SVB failure and climate tech 0:04:05 Morningstar Sustainalytics launches Low Carbon Transition Ratings 0:04:37 Relinking in sustainable finance 0:05:11 TNFD release beta version 4 of framework 0:05:56 Insights from Kanga News Sustainable Debt Conference 0:06:30 Taxonomy developments in Australia and Canada 0:07:24 Agreement of EU Green Bond Standards 0:08:33 High Seas Treaty will boost blue bond issuance 0:08:45 SLBs as a hedge against sustainability policies 0:09:00 Transition finance standards 0:09:12 Updated principles for green, social and sustainability-linked loans 0:10:58 SLB and SLL overview 0:13:48 Audience questions 0:17:43 Green bonds overview 0:20:56 Social bonds and loans overview 0:22:40 Labeled products, transition bonds and regulatory updates Links to Select Resources JD Supra – Asian ESG Debt Markets Take a Breath After Record Run Bloomberg – Green Bonds Turbo Charge ESG Debt Sales to Busiest February Ever ESG Clarity – Natixis Q&A: ‘Liquidity Will Be Driven by ESG Transparency and Clarity' Environmental Finance – Credit Suisse: Another Headwind for 'Green' AT1 Bonds Morningstar Sustainalytics Launches its Low Carbon Transition Ratings Bank of China Ltd Announcement – Sustainability Re-Linked Notes Coupon Adjustment: Annual Coupon Adjustment of Sustainability Re-Linked Notes Environmental Finance – Forthcoming TNFD Metrics Would Work in Sustainability-Linked Instruments Environmental Finance – Traffic-Light System Recommended for Australia's Taxonomy Environmental Finance – EU Green Bond Standard: Provisional Deal on Landmark Regulation Agreed ESG Clarity – High Seas Treaty Will Boost Interest, Access and Issuance of Blue Bonds Climate Bonds Initiative – India's Debut in the Sovereign Green Bond Market: First Deal Landed a Greenium! IRENA – Investments in Renewables Reached Record High, But Need Massive Increase and More Equitable Distribution International Energy Agency – Global CO2 Emissions Rose Less Than Initially Feared in 2022 as Clean Energy Growth Offset Much of the Impact of Greater Coal and Oil Use Climate Bonds Initiative – Climate Bonds Standard Expands With New Agri-Food Transitions Criteria: Commodity and Supply Chain TWGs And IWGs Now Onboarding More Episodes
You may have heard of the concept of “biodiversity risk”, especially in the context of business. It has become increasingly widely used in recent years and the Task Force on Nature-related Financial Disclosures (TNFD) is a recent development that has done a lot to popularize the concept. But what exactly is biodiversity risk and, for that matter, what is TNFD? Why has this topic been gathering so much steam lately, and what are some of the possible drawbacks of its progress?With us to demystify these and related questions is Zaneta Sedilekova. Zaneta is a lawyer specializing in climate and biodiversity risk, based in the UK. She is director of the climate and biodiversity risk consultancy firm, Climate Law Lab and Biodiversity Risk Advisor at the Commonwealth Climate and Law Initiative.Links to resourcesBiodiversity risk: Legal implications for companies and their directors - Recent report by Zanetta and colleagueCommonwealth Climate and Law Initiative TNFD - The Task force on Nature-related Financial Disclosures discussed in this episodeVisit www.case4conservation.com
In the second of our series-of-three Sustainability Matters podcasts dealing with environmental, social and governance (ESG) disclosures worldwide, our host Bruno Sarda focuses on biodiversity and the Taskforce on Nature-related Financial Disclosures (TNFD). He is joined by two members of the Taskforce: Marine de Bazelaire, Group Advisor on Natural Capital, HSBC, and Alexis Gazzo, Leader, Climate Change and Sustainability Services in France at EY & Associés The discussion begins with the urgent need to tackle the loss of biodiversity that threatens global economy. The Kunming-Montreal Global Biodiversity Framework (GBF), which came out of the recent UN Biodiversity Conference, COP 15, aims to halt and reverse nature loss by 2030. As businesses and their stakeholders start to recognize biodiversity as a business priority, and begin to consider their impact and reliance on nature, there will be an increasing need for transparent natural capital disclosures to help achieve these global biodiversity targets. This is where the TNFD comes in. Marine discusses the importance of addressing nature-related issues and halting nature loss to achieve a net-zero future. She also highlights how financial institutions are becoming more engaged piloting the TNFD beta framework and gives a fascinating insight into how HSBC is preparing for future nature-based disclosures. Alexis talks about the TNFD and how it is seeking to address the challenges facing biodiversity, including how companies can begin to prepare for reporting. He discusses practical steps to take, and how EY teams can help companies identify areas of exposure to biodiversity-related risks. © 2023 Ernst & Young LLP
Hear from Dr. Nicola Ranger, Director of Climate and Environmental Analytics at the UK Centre for Greening Finance and Investment (CGFI), as we discuss the importance of climate adaptation. When discussing humanity's response to climate change, we often draw a dividing line between the competing priorities of mitigation and adaptation. Simply put, mitigation measures are actions taken to reduce greenhouse gas emissions, while adaptation measures are based on reducing our vulnerability to the effects of climate change. Looking back over the past three years of this podcast, whilst we have had many discussions about various mitigation efforts, we have had comparatively few conversations about adaptation. This imbalance between mitigation and adaptation is one that can be found throughout the financial sector. Despite its clear importance, and the often urgent adaptation efforts taking place outside of the financial domain, it continues to receive relatively little attention. This episode asks: Why is this the case? What would an appropriate balance between the mitigation and adaptation look like? And how can the financial sector drive progress on adaptation efforts? For more information on climate risk, visit GARP's Global Sustainability and Climate Risk Resource Center: https://www.garp.org/sustainability-climate If you have any questions, thoughts, or feedback regarding this podcast series, we would love to hear from you at: climateriskpodcast@garp.com Links from today's discussion: - CGFI's Publications - https://www.cgfi.ac.uk/category/publications/ - Global Resilience Index Initiative - https://www.cgfi.ac.uk/2022/11/grii-launch-blog/ - Taskforce on Nature-related Financial Disclosures (TNFD) - https://tnfd.global/about/ Speaker's Bio(s) Dr. Nicola Ranger, Director, Climate and Environmental Analytics at the UK Centre for Greening Finance and Investment (CGFI) Nicola is currently Director of Climate and Environmental Analytics at the UK Centre for Greening Finance and Investment (CGFI), a national centre established to accelerate the adoption and use of climate and environmental data and analytics by financial institutions internationally. She works at the intersection of science, risk analytics, finance, economics and policy and has almost two decades of experience in climate change, development, sustainable finance and crisis risk financing. Before joining CGFI in 2021, Nicola has held senior roles spanning public policy, development finance, academia and within industry. She has also authored more than 30 book chapters and peer-reviewed articles, and contributed to major reports including the UK National Climate Change Risk Assessment, the IPCC Special Report on Managing Extreme Events, and the Stern Review on the Economics of Climate Change.
Michael Torrance is joined by Nathalie Borgeaud, Lead, Financial Markets Stakeholder Engagement of Taskforce on Nature-related Financial Disclosures (TNFD), to discuss how the TNFD has created a framework for organizations to shift away from nature-negative outcomes and move toward nature-positive outcomes.
In this episode, we speak to Jack Potter, the Biodiversity and Nutrient Neutrality Manager at Ground Control. Since launching in 1973, Ground Control has been focused on creating better landscapes, nurturing natural environments, and constructing spaces that bring people, places, and the planet together. With a vision to leave the world in a better place than we found it, Ground Control is committed to enhancing and improving the physical environment for all.In this episode, we delve into the following topics:1. The Global Biodiversity Crisis and the Realities of the Crisis in the U.K:The UK is at the very edge of environmental collapse, with only 50% of the UK's biodiversity remaining.The UK is ranked in the bottom ten percent of all countries globally, driven largely by government policy and incentives over the last century.However, with a shift in public perception, politicians are also starting to take notice.As a result, the UK government has created the Environmental Act and is pushing for biodiversity net gain in the UK, an approach to development that leaves biodiversity in a better state than before.2. The Taskforce on Nature-related Financial Disclosures (TNFD):The TNFD has been created to develop and deliver a risk management and disclosure framework for organizations to report and act on evolving nature-related risks.The ultimate aim is to support a shift in global financial flows away from nature-negative outcomes and toward nature-positive outcomes.3. The 2022 United Nations Biodiversity Conference:We discuss the significance of these conferences and the impact and challenges on biodiversity conservation efforts and sustainable development.4. Biodiversity as an Industry:Biodiversity as an industry is in its infancy, especially in the UK. Measurement is difficult to assess with no universal measurement of impact and net gain.5. Big Businesses Davos, and COP:We discuss the challenges that big businesses face in living up to the big promises they made at COP and Davos and the importance of them stepping up to the challenge.6. Biodiversity Credits:Similar to carbon credits, biodiversity credits can help businesses meet their biodiversity objectives, particularly when many of them don't own green spaces.7. Government and Biodiversity Management:We discuss the need for governments to do more, particularly in terms of funding and support for local governments who are often ill-equipped to handle the full-scale recovery needed in the UKWe also emphasise the realities of the cost of living crisis and the importance of businesses getting involved and supporting biodiversity conservation efforts.Chatting with Jack was an absolute pleasure, and our hope is that this episode inspires you into your own form of action - because we can't change the world without changing ourselves.As always, the podcast is available on Apple, Acast, Spotify, and wherever you get your podcasts.So, sit back, tune in and enjoy! Join our tribe and lets grow together https://plus.acast.com/s/purpose-made-podcast. Hosted on Acast. See acast.com/privacy for more information.
In this episode of Financing Nature in partnership with the United Nations Environment Programme for COP15 in Montréal, we speak to those on the ground to hear why they have come, what they are hoping for from the negotiations on the crucial Global Biodiversity Framework, and their own work in halting and reversing biodiversity loss by 2030. Topics cover the Taskforce on Nature-related Financial Disclosures (TNFD) and data; financial sector engagement; business engagement and the role of subsidies; indigenous peoples and local communities; and the role of governments and public sector finance. Guests include representatives from the TNFD, NatCap Research, Finance for Biodiversity Foundation, Federated Hermes, Schroders, the World Business Council for Sustainable Development, Nestlé, Junglekeepers and UNEP FI.
When we consider the environmental pillar of ESG, much of the focus has been on climate. Whilst climate change is understandably a priority concern, nature is gaining traction in the ESG world as the close interconnection between nature and climate is unequivocal. Initiatives such as the Taskforce on Nature-related Financial Disclosures (TNFD), will be key in progressing the biodiversity agenda. Listen as Marine de Bazelaire, Group Advisor, Natural Capital at HSBC discusses this trending topic with Jennifer Lo, Senior Product Manager, Regulatory & Tax Product at HSBC. Hosted on Acast. See acast.com/privacy for more information.
Interviews with pioneers in business and social impact - Business Fights Poverty Spotlight
Justin Perrettson shares a masterclass in why business needs to be listening and participating in public and international decision making; whilst providing us with behind-the-scenes access into the challenges and mechanisms of multi-lateral decision making. Justin Perrettson is the Head of Sustainability Partnerships at Novozymes. The industrial biotechnology company and world leader in enzymes and microorganisms. Justin has been central to Novozymes' longstanding sustainability commitments and activities as part of his 20-year career working at the interface between business and policy. During this time Justin has advised on and led Novozymes' international engagements with the G20, the UN General Assembly and the UNFCCC COP Climate Negotiations. He is the Chair of the Environment and Energy Commission of The International Chamber of Commerce (ICC). Who are the world's largest business organization with over 45 million members in over 100 countries. And he is the co-chair of the Environment Committee of The United States Council for International Business (USCIB). In addition to the masterclass, Justin also shares with us why he thinks public-private partnerships need a makeover; proposes ways we can accelerate collaboration; and urges us all to better understand the 3Cs: contexts, content and consequence. Justin lays out simply, why businesses need to understand their social and environmental impact and take action on them, if they want a future. And how business leaders need to show up, not show off at international forums - only by bringing voices from across sectors and with different perspectives can lasting positive decision making be made. Links: Larry Fink's Annual 2022 Letter to CEOs | BlackRock - https://www.blackrock.com/corporate/investor-relations/larry-fink-ceo-letter 2022 Edelman Trust Barometer - https://www.edelman.com/trust/2022-trust-barometer India and COVID response – https://businessfightspoverty.org/india-and-covid-response-article/ Task Force on Climate-Related Financial Disclosures | TCFD - https://www.fsb-tcfd.org/ Taskforce on Nature-related Financial Disclosures | TNFD - https://tnfd.global
It is well established that climate change poses significant risks to businesses and future investments but these concerns are often intricately connected to biodiversity and nature-related issues. Elizabeth Mrema, Executive Secretary of the United Nations Convention on Biological Diversity, and co-chair of the Taskforce on Nature-related Financial Disclosures joins the podcast to discuss how firms can report and act on evolving nature-related risks. In this far-reaching conversation, Elizabeth Mrema and Jason Mitchell, co-Head of Responsible Investment at Man Group, talk about the upcoming UN Biodiversity Conference COP-15, the legacy of the 2010 governmental Aichi Biodiversity Targets and what the new expectations may be for a post-pandemic global biodiversity framework. You can find the full transcript of this episode at: https://www.man.com/maninstitute/a-sustainable-future-podcast Elizabeth Maruma Mrema Elizabeth Maruma Mrema is United Nations Assistant Secretary General and Executive Secretary of United Nations Convention on Biological Diversity, a multilateral treaty addressing the loss of biodiversity and climate change, and co-chair of the Taskforce on Nature-related Financial Disclosures (TNFD). Elizabeth has two decades of experience working in the development and environment sectors. She is biodiversity leader and lawyer, from Tanzania, with a track record of negotiating next-generation policies and enabling instruments for planet, people, and prosperity. Elizabeth's work as Deputy Director of the Ecosystems Division at the UN Environment Programme (UNEP) focused on the development, implementation, and enforcement of environmental laws both at the national, regional, and international level. Her previous work includes being the Executive Secretary of the UNEP/Secretariat of the Convention on the Conservation of Migratory Species of Wild Animals in which she oversaw the conservation of migratory animals globally. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this third edition of the #AllInPodcast, Chris Coulter from GlobeScan, David Grayson from the Cranfield School of Management, and Mark Lee of the SustainAbility Institute by ERM talk about geopolitics and the sustainability agenda, the launch of the Taskforce on Nature-related Financial Disclosures (TNFD), and the shifting consumer marketplace. Val Smith, Chief Sustainability Officer at Citi, is their special guest in this episode.