TNFD's First Status Report Finds Nature Disclosure Adoption Outpacing Early Climate Benchmarks
TNFD’s First Status Report Finds Nature Disclosure Adoption Outpacing Early Climate Benchmarks #
The Taskforce on Nature-related Financial Disclosures (TNFD) published its first Status Report in 2025, showing that adoption of nature-related assessments and reporting has grown rapidly among financial institutions and companies worldwide in the two years since the taskforce issued its final recommendations.
Published during Climate Week NYC in September 2025, the report says 620 organizations across more than 50 countries and territories, with a combined USD 20 trillion in assets under management, have publicly committed to aligning their disclosures with TNFD recommendations. More than 500 first- and second-generation TNFD-aligned reports have already been published. The taskforce found that nature-related disclosure adoption is outpacing comparable early-stage uptake of climate-related financial disclosures under the TCFD framework.
Investor pressure is driving much of the trend. The Nature Action 100 initiative has mobilized more than 230 institutional investors managing over USD 30 trillion in assets under management to engage high-impact companies on nature-related risks, according to the report. About 30% of asset managers have published assessments of their direct biodiversity impacts and dependencies; another 24% have completed such assessments without publishing the results.
A survey of more than 850 respondents found that 63% of companies and financial institutions consider their nature-related risks at least as significant as climate risks to their business. Of entities that have already reported on nature, 78% have integrated that reporting with their climate disclosures. The TNFD’s LEAP assessment approach, which helps organizations locate, evaluate, assess, and prepare responses to nature-related issues, has been downloaded more than 58,000 times since publication.
Regulation is also pushing adoption. Almost 70% of organizations surveyed already face sustainability reporting requirements covering nature, or expect to within three years. In April 2025, the TNFD and the IFRS Foundation signed a memorandum of understanding to support the International Sustainability Standards Board’s work, and in May 2025 the TNFD proposed integrating its LEAP approach into an ISO biodiversity standard under development.
The report identifies inconsistencies in how data providers, including Bloomberg and Goldman Sachs, track nature metrics, which makes cross-company comparisons difficult. The TNFD plans to release recommendations on nature data quality at COP30 in Brazil later in 2025, focusing on location-based datasets and sector-specific metrics. The taskforce is also examining how artificial intelligence could support and automate nature-related reporting workflows.
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