Referencing the TNFD LEAP approach
UKCEH’s expertise in investigating, monitoring and modelling environmental change naturally relates to the recommendations issued by the Taskforce on Nature-related Financial Disclosures (TNFD). We’ve therefore presented some of our most relevant solutions against the TNFD LEAP approach to provide a useful and accessible context.
Although the approach isn’t a necessary part of the disclosure process, it constitutes a set of recommended steps for due diligence, to develop a stronger understanding of a company’s impacts on nature and incorporate findings into their strategy.
Whether businesses aim to assess risks, identify opportunities, unlock new financing, or comply with regulations, using the framework will encourage them to consider their nature stewardship in a meaningful way. And UKCEH provides environmental data and develops tools to track and benchmark relevant indicators to inform business decisions.
LLocate the interface with nature;
EEvaluate dependencies and impacts on nature;
AAssess nature-related risks and opportunities;
PPrepare to respond to nature-related risks and opportunities and to report on material nature-related issues.