Nature loss and climate change are interconnected risks – with growing financial, legal and reputational implications for New Zealand businesses.

From supply chain disruptions to rising insurance costs and increasing Director liability, failing to manage nature-related risks is no longer an option.

While climate-related financial disclosures are now mandatory under XRB standards, many companies are also voluntarily assessing and reporting on nature to better understand their dependencies and risks. This shift reflects global momentum, with biodiversity loss now ranked among the top risks by the World Economic Forum.
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The Taskforce on Nature-related Financial Disclosures (TNFD) offers practical guidance through its LEAP framework – helping organisations identify how they impact and depend on nature, assess material risks, and prepare to respond.
Boards and Directors play a critical role in building business resilience. This goes beyond environmental stewardship - it’s a legal, financial and strategic imperative.