This project explores how organizations translate complex ecological data into financial risk categories, and how these translations shape both organizational and societal understandings of nature. It aims to focus specifically on the Taskforce on Nature-related Financial Disclosures (TNFD) as a key example of a data-driven governance framework for managing and disclosing nature-related risks.
Project Objectives
1. Analyze how nature and biodiversity are reframed into organizational risk categories.
2. Investigate how TNFD-aligned companies integrate diverse data sources in developing nature-related disclosure and risk management policies.
3. Foster interdisciplinary collaboration and public engagement.
Project Leader
Tommaso Palermo, Associate Professor, Department of Accounting, LSE (link)
Lead researcher with expertise in performance and risk measurement, risk culture, and risk governance and regulation.
Expression of Interest
Interested in participating or collaborating? Fill out this form to express your interest and join the project network (link)
We are particularly keen to hear from:
- Preparers of nature-related risk disclosures (e.g., TNFD adopters)
- Practitioners with experience in quantifying nature-related data into metrics for external reporting and internal decision-making
- Practitioners involved in developing and applying nature-risk scenarios
Sponsors and support
This project is funded by the Global Sustainability Research Fund (GSRF) and supported by the LSE Global School of Sustainability.
Additional supporting academic networks
- Centre for the Analysis of Risk and Regulation (CARR)
- Organizing Risk Group (ORG)