“Changes in the state of nature (quality or quantity), which may result in changes to the capacity of nature to provide social and economic functions. Impacts can be positive or negative. They can be the result of an organisation’s or another party’s actions and can be direct, indirect or cumulative. A single impact driver may be associated with multiple impacts.”
Source/reference: TNFD (2023, p. 122).
Note: See also: Natural Capital Protocol definition of a natural capital impact as a “negative or positive effect of business activity on natural capital” (Natural Capital Coalition, 2016, pp. 16-17).
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