The Ministry of Climate, Energy and Environment is set to release practical guides to assist companies in analyzing risks and opportunities related to nature and integrating them into their management strategies.
Starting August 31, the ministry will make available the 'Natural Capital Disclosure Guide' and the 'LEAP Practical Guide' through the National Biodiversity Information Sharing System, it announced on August 30.
Natural capital disclosure is a system that identifies the impact of corporate activities on nature and the extent to which companies depend on natural resources, revealing associated risks, opportunities, and response strategies. LEAP is a standard analytical procedure for natural capital disclosure.
To date, the ministry has published ten documents, including translations of recommendations from the Taskforce on Nature-related Financial Disclosures (TNFD) and sample reports. However, feedback from the business sector indicated that existing materials were insufficient for understanding practical analysis and report writing.
The new natural capital disclosure guide includes seven chapters and appendices covering domestic and international disclosure trends, key disclosure systems and indicators, scenario analysis, ecosystems, stakeholder engagement, and the use of analytical tools for developing nature transition plans.
This initiative comes as the number of organizations participating in TNFD continues to grow. As of November 2025, over 700 companies and financial institutions worldwide have expressed their intent to participate in disclosures based on TNFD recommendations. The assets under management of participating financial institutions exceed $22 trillion. As voluntary disclosures transition to align with international sustainability disclosure standards, domestic companies are increasingly required to assess nature-related risks across their operations, raw material sourcing, and supply chains.
The LEAP Practical Guide provides a step-by-step checklist and industry-specific examples to help corporate practitioners apply a four-step analytical process. It also includes methods for assessing significance, reflecting financial impacts, setting goals and indicators, and drafting disclosure items.
The International Sustainability Standards Board (ISSB) is expected to release a draft of practical guidelines for nature-related disclosures utilizing the existing IFRS S1 framework and TNFD analysis methods in October.
Lee Chae-eun, Director of the Ministry's Nature Conservation Bureau, stated, "Natural capital disclosure is the starting point for understanding the mutual impacts of nature and corporate management, as well as managing nature-related risks and opportunities. We will enhance support tailored to corporate needs to proactively respond to international disclosure discussions."
* This article has been translated by AI.
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