Marston’s, one of the UK’s largest pub operators is facing growing pressure to prioritise nature due to their agricultural-based supply chains.
With the launch of the Taskforce for Nature-related Financial Disclosure (TNFD) reporting framework in September 2023, Marston’s approached Sancroft to help them understand the topic of nature and the requirements of TNFD.
Sancroft conducted research into the TNFD disclosure requirements and guidance documents for reporting, alongside extensive research into companies who were part of the TNFD pilots and have already begun reporting.
Sancroft then developed detailed slides covering the concepts of nature, expectations of each of the requirements, the LEAP approach, nature scenario analysis and current peer reporting, presenting to team members responsible for oversight and implementation of ESG.
〉This presentation provided Marston’s with a base level understanding of nature and TNFD along with a slide deck that will act as a continuous reference point as they start on this journey, which will be shared with widely relevant team members.
〉As nature impact still feels to be a theoretical concept for many businesses, this presentation allowed Marston’s to tangibly see how issues and opportunities within nature are being addressed and reported by other businesses which enabled them to consider their practical first steps to get started.