Fengate becomes TNFD forum member with aim to drive nature-positive outcomes

October 5, 2023

Fengate is pleased to announce that we have officially become a TNFD (Taskforce on Nature-related Financial Disclosures) forum member.  

TNFD is a market-led, science-based, and government-supported global initiative working to provide risk management and disclosure frameworks for organizations to manage and address nature-related and biodiversity dependencies, impacts, risks and opportunities.  

The World Economic Forum reports that nature loss poses significant risks and opportunities for businesses both in the present and in the future. More than half of the world’s economic output, a value of $44 trillion, is moderately or highly dependent on nature. The UN Biodiversity Conference in December 2022 reached a landmark agreement with 188 countries to protect 30 per cent of the planet’s lands, coastal areas, and inland waters by the end of the decade. 

Recognizing this, and as part of Fengate’s ongoing work on our environmental, social and governance responsibilities, our goal is to work alongside the TNFD to embed nature-related risk into our firm’s strategic planning, operations, risk management processes and asset management activities to create long-term sustainable value for our investors and the communities in which we work and invest in.  

Related Posts

  • 2024 SME
    April 2, 2024
    Fengate Named one of Canada’s Top Small & Medium Employers
  • Jaime McKenna has been named President, Fengate Real Estate
    February 26, 2024
    Fengate announces key leadership appointments for firm’s real estate business
  • Ribbon cutting ceremony
    February 22, 2024
    Fengate and P3 partners celebrate opening of sixth school in Prince George’s County schools bundle
  • Promotions image
    February 21, 2024
    Fengate promotes within our talented team