Piloting the draft Taskforce on Nature-related Financial Disclosures (TNFD) framework
Summary
BT Group required technical support to pilot the draft recommendations from the Taskforce on Nature-related Financial Disclosures (TNFD), in particular, for its Openreach subsidiary.
How we helped
Little Blue Research supported Openreach to pilot the first six steps of the Taskforce on Nature-related Financial Disclosure’s (TNFD) LEAP approach to determine, in particular, the preparedness of its Openreach subsidiary for the recommended disclosure and risk assessment requirements.
Client description
BT Group
100,000+ employees
Case study details
Main service: Integrating nature into business
Sector: Technology and communications
Assessment location: UK
Capital(s)
Challenges
• Identifying priority nature related impacts and dependencies through a review of business activities.
• Mapping selected site locations against designated areas and land cover/nature indicators to establish Openreach’s potential nature-related impacts across business activities.
Outcomes
• High-level mapping of Openreach’s interface with nature across network development sites, facilities, and supplier locations.
• Review of Openreach’s largest impacts and dependencies on nature, across network development and facilities locations.
"Little Blue Research has helped us gain a clearer understanding of what is coming with TNFD, and evaluate our existing processes, supporting us with some tangible next steps across key parts of our organisation”
Abby Chicken, Head of Sustainability, Openreach
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Taskforce for Nature related Financial Disclosures (TNFD) screening and prioritisation exercise
