The Taskforce on Nature-Related Financial Disclosures (TNFD) is an international initiative that builds on a model developed by the Taskforce on Climate-Related Financial Disclosures (TCFD). The TNFD focuses on natural and environmental risks, including the loss of biodiversity and the degradation of ecosystems. In comparison, TCFD focuses on climate risk, an interdependent but distinct issue.Continue reading “Taskforce on Nature-Related Financial Disclosures”
Tag Archives: #strategy
Net Zero: Strategy and Reporting
A recent report by CDP suggests that less than 1% of the 18,600 companies surveyed by CDP have credible climate change plans to net zero. This result is surprising because achieving net zero is critical to the planet’s well-being. Without getting into a methodological debate, here are some thoughts on why this would be so:Continue reading “Net Zero: Strategy and Reporting”
Inflation, Sustainability and Consumer Behaviour
High inflation rates have persisted for quite some time now. As a result, inflation affects both (a) how businesses operate in a high inflation environment and (b) how consumers respond with their purchase decisions. In an inflationary environment, businesses face higher costs due to increased input prices. Staff costs rise too as the company needsContinue reading “Inflation, Sustainability and Consumer Behaviour“
Earnings Calls and ESG
Companies periodically provide financial and increasingly non-financial information to the public to reduce the information asymmetry between investors and the company. Apart from annual reports, communication takes place through three mechanisms: (a) investor’s day, (b) earnings calls and (c) guidance calls. While some companies have started ESG calls, they are not particularly common. The timeContinue reading “Earnings Calls and ESG”
Where organisations go wrong on sustainability
The climate crisis has firmly pushed organisations to be more sustainable (or ESG-centric). While many organisations have done well and are on the path to becoming sustainable, others have struggled in their endeavours. Here are some roadblocks that hinder companies from becoming sustainable. Hierarchical mindset: The organisational culture is that of obedience. Employees only doContinue reading “Where organisations go wrong on sustainability”
Utkarsh Majmudar 