TNFD-supported pilot example: Palm oil in Southeast Asia
Global Canopy convened a small group of organisations to undertake a desktop review of the first beta version of the TNFD framework v0.1. The pilot focused on organisations that operate within, or invest in, palm oil supply chains.
Participants were walked through the recommendations laid out in the beta framework across the three core components of the framework: TNFD’s definitions for understanding nature, draft disclosure recommendations and the LEAP approach for assessing nature-related risks and opportunities. For LEAP, its official components were presented with additional relevant examples, metrics, tools and data sources.
Participants were then asked to complete questionnaires to gather feedback on the clarity and coherence of concepts, the readiness of their organisations to assess and disclose nature-related risks and opportunities, and their recommendations for the TNFD on how to further develop the framework.
A detailed summary of high-level lessons learned and recommendations from the pilot will be available in July 2022.
TCFD pilot testing example: Storebrand and Equinor
This collaborative evaluation of the TCFD framework by Storebrand and Equinor provides an example of the insights that can be generated by working in partnership with others through collaborative pilot testing.