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MetricNature-related transition risk

Financial cost of operating areas lost due to nature-related transition risks

Measurement answer

What this metric measures

Reports the description of operating areas lost due to policy-driven nature-related transition risks and their associated financial cost.

Specification

Metric specification

Result format
Structured table
Unit
currency — source-defined reporting unit
Reporting basis
Reporting period
Aggregation
Total associated financial cost, with affected operating areas separately described
Pillar
Environmental
Topic
Nature-related transition risk
Controlled domain
Nature, biodiversity and land
Entity type
Metric

Reporting boundary

Organization operating areas lost due to policy-driven nature-related transition risks during the reporting period

Verified source occurrences

Framework coverage

This is one canonical metric. The bindings below show every verified framework occurrence without creating duplicate metric pages. Edition, disclosure, role, and relationship remain source-specific.

  • Adopting Disclosure

    TNFD LEAP approach

    r018
    Publisher
    Taskforce on Nature-related Financial Disclosures
    Edition
    Version 1.1, October 2023
    Requirement
    Not Specified
    Relationship
    Reuses Canonical Metric
    Mapping outcome
    Reused
    Source locator
    TNFD LEAP Approach v1.1, Annex 1, Table 26, PDF page 173, metric row 10
    Open official framework source
  • Adopting Disclosure

    TNFD Recommendations

    Source evidence
    Publisher
    Taskforce on Nature-related Financial Disclosures
    Edition
    September 2023
    Requirement
    Not Specified
    Relationship
    Defines Disclosure
    Mapping outcome
    Direct Evidence
    Source locator
    TNFD Recommendations, September 2023, Annex 2, Table 9, page 94, metric A10.0
    Open official framework source
  • Adopting Disclosure

    TNFD Recommendations

    ba26c8a83a6051c5862c
    Publisher
    Taskforce on Nature-related Financial Disclosures
    Edition
    September 2023
    Requirement
    Not Specified
    Relationship
    Maps Source Identity
    Mapping outcome
    Published
    Source locator
    Page 94, Table 9, A10.0 | TNFD Recommendations, September 2023, Annex 2, Table 9, page 94, metric A10.0
    Open official framework source

Value structure

Dimensions and units

Unit
currency — source-defined reporting unit
Reporting basis
Reporting period

Unit meaning: Values use currency under the disclosed TNFD Recommendations method, period, location and reporting boundary.

Table fields and units

  • Operating area
  • Geography
  • Policy-driven nature-related transition-risk description
  • Financial cost
  • Currency
  • Valuation or cost-recognition basis
  • Direct or proxy method

Published dimensions

  • operating area
  • geography
  • nature-related transition-risk driver
  • policy-driven transition-risk type
  • direct-versus-proxy method
  • reporting period

Calculation method

Formula information

Status
Specified
Formula type
Sum

Formula

Total associated financial cost = sum of associated financial costs for operating areas lost due to policy-driven nature-related transition risks during the reporting period.

Apply the source-defined TNFD Recommendations method only within the disclosed location, ecosystem and value-chain boundary. A10.0 specifies a reportable financial outcome paired with descriptive context, rather than a calculation operand or eligibility test. It is retained as an Annex 2 optional additional structured metric. No shortlisted metric has the same transition-risk, operating-area-loss, financial-cost construct and boundary.

Variables

SymbolVariableDefinitionUnit
C_iAssociated financial cost of lost operating area iFinancial cost associated with an operating area lost due to a policy-driven nature-related transition risk.currency
C_totalTotal associated financial costAggregate associated financial cost across reported lost operating areas.currency

Verified sources

Evidence and status sources

Sustopedia checked each record-specific claim directly against primary publisher material. Labels distinguish current measurement authority from future compatibility and corroborative, legal, edition, or method status context. Corroborative evidence can support a stated limitation but cannot establish the core measurement by itself.

Measurement evidence

  • Measurement evidenceChecked 27 August 2026

    Recommendations of the Taskforce on Nature-related Financial Disclosures

    Publisher
    Taskforce on Nature-related Financial Disclosures
    Edition
    September 2023
    Locator
    TNFD Recommendations, September 2023, Annex 2, Table 9, page 94, metric A10.0

    Supports: The official TNFD Recommendations source supports the identity, boundary and method basis of “Financial cost of operating areas lost due to nature-related transition risks”.

    Open official source

Use with context

Interpretation boundaries

Method disclosures required

Source-edition basis: Recommendations of the Taskforce on Nature-related Financial Disclosures, September 2023.

  • Describe the operating areas lost.
  • Disclose the associated financial cost of the lost operating areas.
  • Identify the policy-driven nature-related transition risk associated with the loss.
  • Disclose the reporting currency and the valuation or cost-recognition basis used.
  • State whether reported cost is directly measured or estimated using a proxy method.

Record-specific limitations

  • The metric is an optional additional metric in TNFD Annex 2, not an Annex 1 core global metric.
  • The source specifies policy-driven nature-related transition risks; it does not establish a broader all-transition-risk boundary.
  • The source requires a description alongside associated financial cost and does not prescribe a single currency, valuation basis, or calculation methodology.

Interpret this metric with the stated reporting boundary, period convention, value shape, and unit. Results prepared with different boundaries or conventions may not be directly comparable.

Measurement evidence supports the core record-specific claims described above. Corroborative evidence can support limitations, while compatibility and status sources provide their separately labelled context. None of these cards by itself determines an organisation's legal applicability, filing readiness, assurance status, or compliance conclusion.