Robeco, The Investments Engineers
Robeco logo

Disclaimer

Please read this important information before proceeding further. It contains legal and regulatory notices relevant to the information contained on this website.

The information contained in the Website is NOT FOR RETAIL CLIENTS – The information contained in the Website is solely intended for professional investors, defined as investors which (1) qualify as professional clients within the meaning of the Markets in Financial Instruments Directive (MiFID), (2) have requested to be treated as professional clients within the meaning of the MiFID or (3) are authorised to receive such information under any other applicable laws. The value of the investments may fluctuate. Past performance is no guarantee of future results. Investors may not get back the amount originally invested. Neither Robeco Institutional Asset Management B.V. nor any of its affiliates guarantees the performance or the future returns of any investments. If the currency in which the past performance is displayed differs from the currency of the country in which you reside, then you should be aware that due to exchange rate fluctuations the performance shown may increase or decrease if converted into your local currency.

Robeco Institutional Asset Management UK Limited (“RIAM UK”) markets the Funds of Robeco Institutional Asset Management B.V. (“ROBECO”) to institutional clients and professional investors only. Private investors seeking information about the Robeco Funds should consult with an Independent Financial Adviser. ROBECO will not be liable for any damages or losses suffered by private investors accessing the website.

RIAM UK is an authorised distributor for ROBECO Funds in the UK and has marketing approval for the funds listed on the website, all of which are UCITS Funds. ROBECO is authorised by the AFM and subject to limited regulation by the Financial Conduct Authority.

Many of the protections provided by the United Kingdom regulatory framework may not apply to investments in ROBECO Funds, including access to the Financial Services Compensation Scheme and the Financial Ombudsman Service. No representation, warranty or undertaking is given as to the accuracy or completeness of the information on this website.

If you are not an institutional client or professional investor, you should therefore not proceed. By proceeding, please note that we will be treating you as a professional client for regulatory purposes and you agree to be bound by our terms and conditions.

If you do not accept these terms and conditions, as well as the terms of use of the website, please do not continue to use or access any pages on this website.

Decline

Sustainable investing

Task Force on Nature-related Financial Disclosures (TNFD)

The Task Force on Nature-related Financial Disclosures (TNFD) was founded in 2021 to encourage organizations to calculate the impact they are having on biodiversity and the planet’s ecosphere. It is modeled on the same principles as the Task Force on Climate-related Financial Disclosures (TCFD), which seeks to get companies to disclose the contributions they are making to global warming.


As with the TCFD, the TNFD is based on the principle of double materiality – the impact that a company has on the world, and the impact that the world has on a company. Companies must assess both the physical risk that nature presents to them, and their transition risk in moving to a more nature-positive business model.

Backed widely by companies and investors including Robeco, the task force itself consists of 40 individual members representing financial institutions, corporates and market service providers with more than USD 20 trillion in assets. It is co-chaired by David Craig, the founder and former CEO of data provider Refinitiv, and Elizabeth Mrema, executive secretary of the UN Convention on Biological Diversity.

Core mission

Its core mission is to enable the market to price in nature risks and opportunities, so that capital flows in the right direction. To do this, companies must collectively identify, assess and manage nature-related dependencies, impacts, risks and opportunities as a means of halting and ultimately reversing nature loss. More than half of the world’s GDP accounting for USD 44 trillion of economic value generation is moderately or highly dependent on nature.

Mitigating the risks can be enhanced if large and small businesses across supply chains and financial institutions of all types become aware of the impact they are making, and then work to address it. The TNFD’s ultimate aim is to support a shift in global financial flows away from nature-negative outcomes and towards nature-positive outcomes.

Building the framework

A framework with which organizations can calculate the impact they are having on nature – both positive and negative – is still being developed. This will include a detailed methodology on how nature-related risks (and opportunities) can actually be disclosed in a meaningful way. The task force is now half-way through its two-year design and development phase and expected to publish the full framework in September 2023.

The TNFD follows the same four pillars as the TCFD with the addition of locational analysis that is more relevant for biodiversity. Its wider framework contains seven principles, as shown in the graphic below:

glossary-task-force-on-nature-related-financial-disclosures-tnfd.jpg

Commitments to disclosure

Robeco was one of the first asset managers to sign up to the principles of the TNFD and has committed to the disclosures it requires once the framework can be implemented across all investment streams. Robeco also backs the TCFD, which was launched much earlier in 2015, and is now already being used across investment management data collection.

The task force is supported globally by TNFD Forum, a consultative grouping of over 800 institutional supporters; the TNFD knowledge partners, a group of 18 leading scientific organizations and standard setting bodies; and TNFD Consultation Groups, which are convened in select countries and regions to expand outreach and engagement.

The TNFD Stewardship Council represents the founders and funders of the group. Funding is provided by governments, the UN and philanthropic foundations, including the governments of Australia, France, the Netherlands, Switzerland and the UK.

See also: Task Force on Climate-related Financial Disclosures (TCFD)


Let's keep the conversation going

Keep track of fast-moving events in sustainable and quantitative investing, trends and credits with our newsletters.

Don’t miss out
Robeco

Robeco aims to enable its clients to achieve their financial and sustainability goals by providing superior investment returns and solutions.

Important information This disclaimer applies to any documents and the verbal or written comments of any person in presentations or webinars on this website and taken together is referred to herein as the “Information”. The services to which the Information relate are NOT FOR RETAIL CLIENTS - The information contained in the Website is solely intended for professional investors, defined as investors which (1) qualify as professional clients within the meaning of the Markets in Financial Instruments Directive (MiFID), (2) have requested to be treated as professional clients within the meaning of the MiFID or (3) are authorized to receive such information under any other applicable laws and must not be relied or acted upon by any other persons. This Information does not constitute an offer to sell, or a solicitation of an offer to buy, any financial product, and may not be relied upon in connection with the purchase or sale of any financial product. You are cautioned against using this Information as the basis for making a decision to purchase any financial product. To the extent that you rely on the Information in connection with any investment decision, you do so at your own risk. The Information does not purport to be complete on any topic addressed. The Information may contain data or analysis prepared by third parties and no representation or warranty about the accuracy of such data or analysis is provided.
In all cases where historical performance is presented, please note that past performance is not a reliable indicator of future results and should not be relied upon as the basis for making an investment decision. Investors may not get back the amount originally invested. Neither Robeco Institutional Asset Management B.V. nor any of its affiliates guarantees the performance or the future returns of any investments. If the currency in which the past performance is displayed differs from the currency of the country in which you reside, then you should be aware that due to exchange rate fluctuations the performance shown may increase or decrease if converted into your local currency. Robeco Institutional Asset Management B.V. (“Robeco”) expressly prohibits any redistribution of the Information without the prior written consent of Robeco. The Information is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use is contrary to law, rule or regulation. Certain information contained in the Information includes calculations or figures that have been prepared internally and have not been audited or verified by a third party. Use of different methods for preparing, calculating or presenting information may lead to different results. Robeco Institutional Asset Management UK Limited (“RIAM UK”) is authorised and regulated by the Financial Conduct Authority. RIAM UK, 30 Fenchurch Street, Part Level 8, London EC3M 3BD (FCA Reference No:1007814). The company is registered in England and Wales under Ref No. 15362605.

In all cases where historical performance is presented, please note that past performance is not a reliable indicator of future results and should not be relied upon as the basis for making an investment decision. Investors may not get back the amount originally invested. Neither Robeco Institutional Asset Management B.V. nor any of its affiliates guarantees the performance or the future returns of any investments. If the currency in which the past performance is displayed differs from the currency of the country in which you reside, then you should be aware that due to exchange rate fluctuations the performance shown may increase or decrease if converted into your local currency. Robeco Institutional Asset Management B.V. (“Robeco”) expressly prohibits any redistribution of the Information without the prior written consent of Robeco. The Information is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use is contrary to law, rule or regulation. Certain information contained in the Information includes calculations or figures that have been prepared internally and have not been audited or verified by a third party. Use of different methods for preparing, calculating or presenting information may lead to different results. Robeco Institutional Asset Management B.V. is authorised as a manager of UCITS and AIFs by the Netherlands Authority for the Financial Markets and subject to limited regulation in the UK by the Financial Conduct Authority. Details about the extent of our regulation by the Financial Conduct Authority are available from us on request.