SPP's post

Storebrand Asset Management has become an inaugural Taskforce on Nature-related Financial Disclosures (TNFD) Early Adopter. This means that Storebrand will start making disclosures aligned with the TNFD Recommendations in its corporate reporting by financial year 2024.

- Biodiversity loss was a breakthrough topic last year in within our sector, after what has been a long battle for many of us advocating for the issue. But now, this issue is increasingly being understood to rank alongside climate change — and to be intrinsically linked to solving it -as areas of significant systemic risk for investors, says Jan Erik Saugestad, CEO Storebrand Asset Management and adds;

- We have already started to implement the TNFD methodology in our portfolios to better understand our nature-related risks and opportunities and are committed to publish our first TNFD disclosures from 2025, based on 2024 data.

Four organizations initially partnered to create the TNFD: Global Canopy, the United Nations Development Programme (UNDP), the United Nations Environment Programme Finance Initiative (UNEPFI) and the World Wildlife Fund (WWF). Since September 2020, 74 members, including Storebrand, formed an Informal Working Group (IWG) in order to prepare the launch of the TNFD.

  • johnte ndeto

    13 w

    Nice piece

    • Esther Wanjiku

      13 w

      This is commendable

    • Abraham Jok Atem

      13 w

      I like this!

      • Rashid Kamau

        13 w

        Sounds great!

        • Gorffly mokua

          13 w

          This is a promising commitment!

          • Tabitha Kimani

            13 w

            Great commitment.

            • Markus Lutteman

              13 w

              This is great!

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