Disclose
This step refers to disclosing, the voluntary or required/statutory public release of any information relevant to a company, security, fund, or any third party. In financial accounting, disclosure refers to a statutory or good faith revelation of a material fact (or an item of information that is not generally known) on a financial statement or in the accompanying notes (footnotes). Biodiversity disclosures refer to the voluntary or required/statutory release of any biodiversity-related information to external stakeholders. Many disclosures are linked to specific reporting standards, whereby particular metrics/ performance indicators are used.
SELINA Guidance
Relevant non-SELINA material
Justice
Stakeholder Engagement
Crosslink toTNFD’s LEAP Framework
Links to P3 (Reporting). The decision on disclosure aims to facilitate better risk and allocation of resources through transparency. 4 types of disclosure: governance, strategy, impacts, risks, targets, and metrics. It also mentions in governance to acknowledge and describe policies and engagement activities for affected (and other) stakeholders, such as indigenous and local people. Also links to P4 (presentation). Where and how to present.