자연자본 공시 사례 연구 및 제언: TNFD 권고안을 중심으로

The international community launched the Taskforce on Nature-related Financial Disclosure(TNFD) and released Recommendations of the Taskforce on Nature-related Financial Disclosures. These recommendations urge companies and financial institutions to evaluate and disclose financially the risks and opportunities arising from nature. Following the release of Recommendations of the Taskforce on Climate-related Financial Disclosures(TCFD), which have been increasingly mandated, it is highly likely that nature-related financial disclosures will follow a similar path and become mandatory over time. This study examines how domestic and international companies are disclosing natural capital information through case studies, aiming to identify areas for improvement. The analysis of six companies, both domestic and international, reveals differences in the level of disclosure between them. While international companies are following the TNFD recommendations for natural capital disclosures, most domestic companies are not. The implications of this study are as follows: First, from the corporate perspective, companies should have a sufficient understanding of the TNFD recommendations and the LEAP approach and develop natural capital disclosure methods that are appropriate for each company’s situation. Moreover, there is a need to strengthen governance related to natural capital, with greater attention from the board of directors and management. Additionally, companies should establish a data management system for natural capital across both their own operations and supply chains. From the public perspective, the government should develop guidelines suitable for domestic circumstances, as well as comprehensive TNFD explanations, and it is essential to train professionals with expertise in natural capital. Furthermore, financial and fiscal support should be provided to companies leading in natural capital disclosures. In addition, forums, workshops, and seminars should be held to share specialized knowledge and best practices related to natural capital disclosures, and to facilitate networking among experts.