Tony Goldner: TNFD launch, nature disclosures, and corporate action on biodiversity loss
The past decade has seen huge progress in the way companies analyse their exposure to carbon emissions, but far less effort has been put into understanding the complex interactions companies have with nature, and the risks this poses for investors and the health of our environment. If we’re to have a hope of reaching net-zero, we need to reverse the trends of biodiversity loss and incentivise companies to assess the risks and opportunities around natural-capital. On the podcast today we have the perfect guest to discuss this topic, I’m joined by Tony Goldner, he’s the CEO of the TNFD, the Taskforce on Nature-related Financial Disclosures, an organisation that was established to try and solve this very problem. The big news is that this week Tony and his team have published the final version of the TNFD Recommendations. It’s a framework that will give companies and investors alike a clear and uniform model for putting nature on the balance sheet. Tony’s worked at the helm of the TNFD since it was founded two years ago. He’s originally from Australia, he now lives and works in Europe, and he’s had a fascinating career that spans foreign affairs with DFAT, he’s worked in global finance, he’s been a consultant, and now he’s pulling it all together to convene a mix of stakeholders across the globe and across industries. It really was a thrill to speak to Tony on such a big week for the TNFD, the recommendations have only been live for a few days, and so in this conversation I did my best to offer a broad overview of the final recommendations, and practical actions to help us integrate them. And of course this episode is part of a broader series that’s exploring how we can shift our economy to be ‘nature-positive’, so be sure to subscribe so you can follow along. And a company that’s been central to the ‘nature positive’ mission is GreenCollar, which has come on board to be the sponsor of this series. GreenCollar is a developer and innovator of environmental market solutions, they recognise the power of putting a financial value on nature, as an incentive to drive sustainable land management, cleaning up our waterways and avoiding further loss of biodiversity and animal species. Since launching more than a decade ago, the company has become Australia’s largest developer of nature-based carbon credit projects, and they’re pushing the market forward with schemes like ‘Reef Credits’, which target improved water quality at The Great Barrier Reef. And their latest innovation is NaturePlus, a new form of biodiversity credits that aim to protect and restore ecosystems around the world. They’re measuring biodiversity outcomes on the ground, with a scientifically rigorous and verifiable methodology, that puts a value on natural capital, to enable investment in the conservation of high value ecosystems. Reach out to the team at www.GreenCollar.com.au to find out more. And, you can find all the show notes and links on the website at www.johntreadgold.com. And that’s where you’ll also find the Good future newsletter. Your source of insights and updates about the world of impact investing. You’ll stay up to date on trends, you’ll get access to the latest podcast episodes, and you might just get an early lead on the most exciting and high impact companies and funds. Enjoy the episode!!