Executive Summary TNFD is a disclosure framework that helps organisations identify, assess, and report how nature — biodiversity, water, land, oceans — affects their financial position, and how their operations affect nature in return. It was finalised in September 2023, and by early 2026 more than 730 organisations representing over $22 trillion in assets under management had committed to it. What makes this urgent for boards right now isn’t just adoption numbers — it’s that