Endorsing the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations and guidance, LIXIL has registered as an TNFD Early Adopter. Announced at the World Economic Forum in Davos on January 16th, LIXIL joins the inaugural list of Adopters signalling its intent to adopt TNFD Recommendations in their corporate reporting.
In December 2023, LIXIL also joined the TNFD Forum, a global multi-disciplinary consultative group of institutions aligned with our mission and principles.
In March 2023, LIXIL included Biodiversity as a material issue. LIXIL will align its corporate reporting with TNFD recommendations and guidance to identify and assess its nature-related dependencies, impacts, risks and opportunities starting FYE 2024.
About TNFD
The Taskforce on Nature-related Financial Disclosures (TNFD) has developed a set of disclosure recommendations and guidance for organizations to report and act on evolving nature-related dependencies, impacts, risks and opportunities. Coherent information on nature-related issues allows businesses to incorporate nature-related risks and opportunities into their strategic planning, risk management and asset allocation decisions.
Explore the full list of inaugural TNFD Early Adopters here.