Member

Although that emerging leadership is welcome, it must become more widespread. The Government want to see more consistent and demonstrable progress across the sector over the coming years, particularly in how schemes identify and manage nature-related financial risks and how they reflect issues such as deforestation, land use change and nature dependencies in their investment and stewardship strategies. As international standards mature—especially for the International Sustainability Standards Board, whose forthcoming work draws on TNFD—we expect trustees to embed those considerations more fully into long-term decision-making.