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Level 1 · Pillar guide 02·TNFD · Disclosure guides

Dependencies, ecosystem services and nature-related risk

The causal core of TNFD. These guides keep dependency, impact and risk distinct, build pathways from an ecosystem service to a business consequence, test what existing controls already cover and decide which pathways are material enough to carry into disclosure.

What sits under this pillar 13 articles, 0 FAQ cards, 0 expert notes.
RK Published passportReviewed by Dr Ross Kurinko Strategic ESG Advisor · IFRS S1 & S2 / GRI / ESRS Current as at
GRI and ISSB-IFRS S1 & S2 Certified Global Trainer · PhD, University of Cambridge · ESG-AI expert 15+ years on FTSE 100 & Fortune Global 500 disclosures Canary Wharf, London LRA educational guidance · Not issued or endorsed by TNFD LinkedIn

Edition written against

TNFD Recommendations v1.0 are voluntary recommendations. LEAP and other TNFD publications provide implementation guidance. Dynamic datasets …

Published

10 Aug 2026

Knowledge Hub guide

Last reviewed

10 Aug 2026

Level 2

Articles in this pillar

Nature Dependencies and Ecosystem Services: How to Map What Your Business Relies On

A practical method for connecting business processes to environmental assets, ecosystem services, criticality, substitutes, controls and financial consequences

Decision guide · 10 min
TNFD Assess Phase: Turning Nature Dependencies and Impacts into Business Risks and Opportunities

Risk taxonomy, causal pathways, financial effects, prioritisation, materiality and integration with enterprise risk management

Decision guide · 11 min
TNFD Evaluate Phase: Environmental Assets, Ecosystem Services, Dependencies and Impacts

How to build causal pathways, assess the state of nature and combine primary, secondary and qualitative evidence

Decision guide · 11 min
TNFD Nature-Related Risks: Physical, Transition and Systemic Risk Explained

A practitioner guide to tracing acute and chronic physical risk, transition pathways and systemic risk from nature dependencies and impacts to business …

Decision guide · 13 min
TNFD Mitigation Hierarchy: Avoid, Minimise, Restore and Offset Explained

How to sequence nature-related actions, evidence residual impacts and prevent offsets from replacing avoidance

Decision guide · 11 min
TNFD DIROs Explained: Dependencies, Impacts, Risks and Opportunities

Causal pathways from nature interfaces to business consequences, with risk types, opportunity categories and DIRO register examples

Decision guide · 9 min
TNFD Financial Effects: nature dependencies, impacts, revenue, costs, capex, assets, liabilities, cash flows, scenarios and access to finance

A finance-led guide to translating nature-related dependencies, impacts, risks and opportunities into operational transmission channels, financial statement effects and financing consequences.

Decision guide · 13 min
The Six TNFD General Requirements: Materiality, Scope, Location, Integration, Time Horizons and Engagement

What each requirement means, what evidence supports it and how to test it across all four disclosure pillars

Explainer · 10 min
TNFD vs ESRS E4: Nature-Related Financial Disclosure and Double Materiality Compared

Materiality, dependencies and impacts, locations, value chain, metrics, transition plans, stakeholder engagement, assurance and a dual-reporting crosswalk

Comparison · 11 min
TNFD Materiality Explained: Financial, Impact and Double Materiality Approaches

How to select, document and consistently apply a nature-related materiality approach without blending different reporting objectives

Decision guide · 9 min
TNFD Risk and Impact Management: Processes for Direct Operations and Value Chains

How to identify, assess, prioritise, manage and monitor nature-related issues without forcing one process across very different operating relationships

Decision guide · 10 min
TNFD Scenario Analysis and Nature Resilience: A Practical First-Year Approach

TNFD KNOWLEDGE CARD

Decision guide · 10 min
TNFD DIRO, Financial Effects and Disclosure Working Toolkit

A package-level toolkit containing TNFD_DIRO_Financial_Effects_and_Disclosure_Working_Toolkit.pdf; TNFD_DIRO_Financial_Effects_and_Disclosure_Working_Toolkit.docx, with 4 related Knowledge Hub guides.

Toolkit · 3 min

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