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Announcement
Mitigating biodiversity loss through a TNFD-based approach for the coffee industry

Student name: Ms Prerna Kaushal
Guide: Dr Amit Singh
Year of completion: 2024
Host Organisation: BDO India LLP
Supervisor (Host Organisation): Mr Rahul Singh
Abstract:

The global coffee sector is confronted with formidable challenges stemming from biodiversity loss, which imperil its long-term sustainability and productivity. This dissertation delves into the efficacy of the Taskforce on Nature-related Financial Disclosures (TNFD) framework as a strategic instrument to ameliorate biodiversity loss within the ambit of coffee cultivation. Through an exhaustive analysis of biodiversity risks and dependencies in pivotal coffee-producing locales, particularly the Western Ghats, this study employs the TNFD's LEAP (Locate, Evaluate, Assess, and Prepare) methodology to scrutinize existing agricultural practices and forge bespoke strategies for the coffee industry.

The research adopts a hybrid methodological framework, amalgamating quantitative data derived from R-based scenario analyses of bee populations and coffee yields with qualitative insights gleaned from interviews with stakeholders across the supply chain. The findings highlight the profound interdependence of coffee production on local ecosystems and pinpoint the areas where biodiversity risks are most acute.

In response to these assessments, the thesis advocates specific metrics and actionable strategies aimed at augmenting biodiversity conservation among coffee growers and industry stakeholders. These strategies encompass the adoption of agroforestry practices, integrated pest management, and community-based conservation efforts that reconcile economic incentives with ecological sustainability.

This research makes a significant contribution to the ongoing discourse on nature-related financial disclosures by illustrating how TNFD-aligned strategies can be effectively implemented in the coffee industry to bolster environmental resilience and economic viability. The outcomes of this study are intended to serve as a strategic blueprint for policymakers and business leaders within the coffee sector, championing a systemic transition towards more sustainable practices.