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ISSN : 1225-8504(Print)
ISSN : 2287-8165(Online)
Journal of the Korean Society of International Agriculture Vol.37 No.2 pp.145-152
DOI : https://doi.org/10.12719/KSIA.2025.37.2.145

A Study on Utilization of Domestic Forestry Sector through Analysis of Trends in Taskforce on Natural Capital Financial Disclosure (TNFD)

Mihyun Seol, Hyun Kyu Won, Soongil Kwon
Forest Management Research Division, National Institute of Forest Science, Seoul 07570, Korea

Abstract

The Taskforce on Nature-related Financial Disclosures (TNFD) is a financial disclosure initiative dedicated to the protection of natural capital. It examines corporate activities related to natural capital through four key pillars: governance, strategy, risk and impact management, and metrics and targets. However, in the forestry sector, research analyzing the current state of natural capital and proposing corresponding strategies remains limited. Thus, this study explores potential applications by analyzing domestic and international corporate case studies and adoption criteria in the forestry field, using the official TNFD platform. The results indicate that a proactive response to international standards and domestic policy changes related to TNFD could play a decisive role in enabling forestry-related companies and institutions to secure global competitiveness.

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