The TNFD recommendations have been developed based on these seven principles:5
Market usability: Directly usable and valuable to market participants, notably corporates and financial institutions, as well as policy and other actors.
Science-based: Follow a scientifically anchored approach, incorporate well-established and emerging scientific evidence, and converge towards other existing science-based initiatives.
Nature-related risks: Embrace nature-related risks that include immediate and material financial risks, as well as nature dependencies and impacts and their related organisational and societal risks.
Purpose driven: Actively reducing risks and increasing nature-positive action by using the minimum required level of granularity to ensure achievement of the TNFD goal.
Integrated and adaptive: Can be integrated into and enhance existing disclosures and other standards. Account for and be adaptive to changes in national and international policy commitments, standards and market conditions.
Climate-nature nexus: Employ an integrated approach to climate- and nature-related risks, scaling up finance for nature-based solutions.
Globally inclusive: Ensure the framework and approach is relevant and accessible worldwide, across emerging and developed markets.