Tag Archive for: Taskforce on Nature-related Financial Disclosures

Want a deeper understanding of your business’ impacts and dependencies on nature? Wondering where to start with nature-related disclosures? Lost in a fog of TNFD / GRI / EFRAG / CRSD alphabet soup? Keen to develop a roadmap to Nature Positive for your business but don’t know where to start?

Business For Biodiversity Ireland is participating in the development of a new module with Trinity College Dublin’s Dr Catherine Farrell titled ‘The Business of Nature Positive’ and are inviting businesses who would be interested and willing to:

  • participate in Trinity Business School undergraduate / student-led research to trial the application of nature-related reporting frameworks and tools, and
  • explore ways to develop a roadmap to Nature Positive.

Businesses rely on many aspects of nature and climate to carry out day-to-day business. Recognising these dependencies, as well as the impacts of business on nature, new reporting requirements under the new EU Corporate Social and Responsibility Directive (CSRD), will fast become a reality for Irish businesses.

In response to the need to build capacity for present and future business needs, Trinity Business School is developing this module to be delivered to 4th year undergraduates in the 2024/2025 academic year and facilitate learning in how to apply and communicate relevant nature-related reporting and disclosure frameworks for businesses, helping to identify steps to nature positive and through these processes assist businesses to integrate nature into decision making.

We expect the input from the business to be by a nominated staff member / sustainability business champion working directly with the TCD students. We expect the work to involve at minimum approximately 8-10 hours in total over a period of 4 months (largely between December and mid-April 2025 – download a breakdown of time and commitment expected via the PDF at the end of the article.)

As a participating business, through engagement in this process, you will have opportunities to:

  • Benefit by receiving bespoke support in kickstarting scoping for a materiality assessment for your business
  • Assistance in taking the first steps in identifying data available / potential data needs for nature related reporting
  • Develop a deeper understanding of your business’ impacts and dependencies on nature,
  • Begin the thought process as to how to develop a roadmap for nature positive for your
    business, and
  • Trial approaches / identify opportunities for communicating nature related issues to
    stakeholders (internal and external).

Once we have an overview of interested businesses (small or large, of any sector), the module coordinator will follow up with a questionnaire to determine your suitability in terms of logistics and availability.

NB: Please submit an expression of interest form HERE.

This call for Expressions of Interest will close at the end of June and we will contact you in early July 2024 about participation.