According to the Recommendations of the Taskforce on Nature-related Financial Disclosures (2023), nature-related opportunities can occur through business model transformation and investments that actively work to halt or reverse the loss of nature, including the implementation of conservation, restoration and nature-based solutions, or support for them through financing or insurance.
Symbaiosys directly aligns with the following TNFD’s additional global disclosure metrics for responses to nature-related issues:
A20.0 Strategy- Engagement
Proportion of sites that have active engagement with local stakeholders on nature-related issues.
A21.0 Strategy- Capital allocation/investment
Value of investment in projects that avoid or reduce negative nature impacts or conserve or restore ecosystems or species where impacts cannot be avoided.
A21.1 Strategy- Capital allocation/investment
Investment in nature-related solutions as defined in relevant government or regulator green investment taxonomy.
A24.0 Dependency, impact, risk and opportunity management- Voluntary conservation, restoration and regeneration
Value invested in voluntary ecosystem and/or species restoration.
A24.1 Extent (km2), duration (years) and monitoring frequency (count/year) of voluntary ecosystem and/or species restoration projects.
A24.2 Value of investment in additional conservation actions split into type of action and type of ecosystem/biome applied to.
A24.3 Value of investment in nature-related community development programs intended to enhance positive impacts for Indigenous Peoples and affected stakeholders.