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CFA Institute Sustainable-Investing Exam - Topic 3 Question 23 Discussion

Posted by Gussie on Oct 23, 2026 at 05:29 AM

The Taskforce on Nature-Related Financial Disclosure (TNFD) defines nature as:

Suggested Answer: B

The TNFD defines nature as the natural world, which includes a diverse range of living organisms and their interactions. This broader definition of nature emphasizes biodiversity and ecosystem health as critical factors in managing environmental risks and opportunities for businesses and investors.ESG Reference: Chapter 3, Page 165 - Environmental Factors in the ESG textbook.


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