Question reference: S6W-03205
- Asked by: Maurice Golden, MSP for North East Scotland, Scottish Conservative and Unionist Party
- Date lodged: 21 September 2021
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Current status: Answered by Lorna Slater on 4 October 2021
Question
To ask the Scottish Government what steps it is taking to develop a dedicated framework to support businesses to report and act on nature-related risks, and what funding it has committed to such work.
Answer
The Scottish Government is engaging with the Taskforce on Nature-related Financial Disclosures (TNFD) a market-led, UN supported, international initiative, which builds on the model developed by the Taskforce on Climate-related Financial Disclosures (TCFD), and aims to create a framework for how organisations can address environmental risks and opportunities. We are supportive of the objectives of this work, and will ensure that there is effective coordination with Scottish Government policies.
The Scottish Government is committed to reducing the impact of Scotland’s consumption on nature and societies, including our impacts in other countries. This is an outcome sought by our Environment Strategy, and our progress was discussed in the 2020 report Scotland and the sustainable development goals: a national review to drive action. Reducing the impact of our consumption on the natural environment is an important driver of our work to create a more circular economy. The Scottish Government will continue to work with partners and through our own policies and legislative proposals to reduce the impacts on and risks to nature from consumption in Scotland.