The next phase - nature reporting

In what year did the TNFD launch?

2011

2019

2015

2023

What does TNFD stand for?

Treaty on Natural Financial Disclosures

Treaty on Nature-related Financial Disclosures

Taskforce on Natural Financial Disclosures

Taskforce on Nature-related Financial Disclosures

Why is nature-related reporting more complex than climate-related reporting?

There is no universal agreement on what is meant by 'nature'

It requires a much larger number of metrics

It requires reporters to have a foundational knowledge of science

There are no international standards relating to its reporting

Which of the following statements is true? Statement 1, the Kunming-Montreal Global Biodiversity Framework will eventually replace IFRS S1 and S2, or statement 2, the framework's targets apply to governments only

Both statements

Statement 2

Neither statement

Statement 1

How many targets does the Kunming-Montreal Global Biodiversity Framework have?

15

19

17

23

Under Target 15 of the Kunming-Montreal Global Biodiversity Framework, what must governments do?

Scale up positive incentives for biodiversity

Integrate biodiversity in decision-making at every level

Ensure that large organisations make disclosures on biodiversity

Restore 30 per cent of all degraded ecosystems

What is the first step for accountants in initiating nature-related reporting?

Signing up to the Kunming-Montreal Global Biodiversity Framework

Securing management commitment

Implementing IFRS S1 and IFRS S2 into reporting practices

All of the other answers

When should the Kunming-Montreal Global Biodiversity Framework's four overarching goals be met by?

2040

2030

2050

No date is given

Which is the biggest challenge facing accountants in implementing nature-related reporting?

Implementing new technology

Ensuring that greenwashing does not occur

There are a number of major challenges

Building a strong business case internally

Which of the following statements is true? Statement 1, sustainable practices are generally more costly to businesses, or statement 2, nature-related reporting enables accountants to manage financial risks better

Neither statement

Statement 2

Statement 1

Both statements

The next phase - nature reporting

In what year did the TNFD launch?

What does TNFD stand for?

Why is nature-related reporting more complex than climate-related reporting?

Which of the following statements is true? Statement 1, the Kunming-Montreal Global Biodiversity Framework will eventually replace IFRS S1 and S2, or statement 2, the framework's targets apply to governments only

How many targets does the Kunming-Montreal Global Biodiversity Framework have?

Under Target 15 of the Kunming-Montreal Global Biodiversity Framework, what must governments do?

What is the first step for accountants in initiating nature-related reporting?

When should the Kunming-Montreal Global Biodiversity Framework's four overarching goals be met by?

Which is the biggest challenge facing accountants in implementing nature-related reporting?

Which of the following statements is true? Statement 1, sustainable practices are generally more costly to businesses, or statement 2, nature-related reporting enables accountants to manage financial risks better

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