The IFRS Foundation and the Taskforce on Nature-related Financial Disclosures (TNFD) have signed a Memorandum of Understanding committing to build upon the TNFD recommendations in the ongoing work of the International Sustainability Standards Board (ISSB), to enable nature-related financial disclosures for use by capital markets. The ISSB will consider the relevance of the TNFD recommendations in meeting the needs of global capital markets.
Category: Updates
How to halt and reverse nature loss – invest
It is estimated that the private sector requires $1.2tr worth of annual investment in direct and nature-adjacent projects to halt and reverse nature loss, says the World Economic Forum. However, the majority of financial institutions still find that data availability and quality are barriers to allocating capital to nature.
UK Gov strengthens carbon markets; helps leverage capital
The UK Government has launched plans to strengthen voluntary carbon and nature markets which can help leverage the finance needed to address climate action while diversifying revenue streams.
Apple: goes beyond 60% GHG emissions reduction
Earth Day has real meaning for Apple. It is the point at which it surpassed a 60% reduction in its global greenhouse gas (GHG) emissions (compared with 2025 levels) – this is part of its Apple 2030 goal to become carbon neutral across its entire footprint.
Electricity demand set to soar
The increase in electricity consumption through 2027 is expected to average around 4% annually, says the International Energy Agency (IEA).
House of Hackney: people, planet and profit
House of Hackney has launched a debt crowdfunding campaign with B-Corp bank, Triodos, and is issuing a bond with the aim of buying out its private equity partners to accelerate its mission “to leave our planet better than we found it”.