Fii Unveils Inaugural TNFD Report, Emphasizing Nature-Positive Transformation
Fii has released its first-ever report aligned with the Taskforce on Nature-related Financial Disclosures (TNFD), marking a significant milestone in the company’s sustainability journey. The report, aimed at guiding businesses toward a nature-positive future, is organized around four foundational pillars—governance, risk and impact management, strategy, and metrics and targets—adhering to the TNFD’s LEAP framework (Locate, Evaluate, Assess, Prepare).
In preparing this report, Fii utilized several globally recognized environmental tools and frameworks, including the Integrated Biodiversity Assessment Tool (IBAT), Biodiversity Impact Assessment (BIA), WWF Biodiversity Risk Filter (BRF), and ENCORE. These tools helped Fii identify, assess, and prioritize critical nature-related dependencies, risks, and opportunities within its global operations and upstream supply chain. The report reflects Fii’s commitment to environmental responsibility by improving transparency in nature-related governance and identifying practical strategies to mitigate environmental degradation and promote ecological regeneration.
Avoid and Reduce: Minimizing Environmental Impact Across Operations
A core element of Fii’s strategy is to avoid and reduce harm to nature through sustainable operational practices. The company has been actively working to minimize its environmental footprint by implementing efficient water and energy usage systems and improving waste recycling methods across its facilities.
In 2024, Fii conducted material audits for 1,600 products, a step toward greater supply chain accountability and sustainable material sourcing. As a result of these audits, 9.38% of all products now incorporate recycled materials, showcasing measurable progress toward circular production models. Moreover, Fii collaborated with its suppliers to recycle 4,099 tons of raw materials, furthering its goal of building a greener, closed-loop supply chain.
Air quality is also a key area of focus. The company reported a 33.41% reduction in volatile organic compound (VOC) emissions compared to 2022 levels, a figure that surpasses its environmental targets for the year. This reduction was achieved through technological improvements in manufacturing processes and rigorous emissions monitoring protocols.
Recognizing the increasing frequency and severity of climate-related physical risks, Fii expanded its global flood mapping project to cover 41 production sites as of 2024. The mapping initiative enables risk-based planning and infrastructure adaptation to extreme weather events. Fii has committed to including all production locations in the mapping project by 2026 to enhance climate resilience company-wide.
Restore and Regenerate: Enhancing Biodiversity and Ecosystem Health
Restoring and regenerating natural ecosystems is central to Fii’s environmental mission. The company has initiated conservation efforts across several operational sites and is working to instill biodiversity-conscious practices within its supply chain.
In 2024 alone, Fii organized 16 biodiversity awareness campaigns across various regions. These campaigns are designed to educate employees, local communities, and stakeholders about the importance of biodiversity and ecosystem preservation. Initiatives like “Clean Czech,” which involves large-scale riverbank cleanups, exemplify the company’s commitment to reducing ecological stress and engaging local communities in environmental stewardship.
To further support ecosystem restoration, Fii has facilitated seed donations and tree-planting projects aimed at reforesting degraded land and improving soil health. These initiatives not only help in carbon sequestration but also enhance habitat availability for local flora and fauna. Additionally, these projects strengthen Fii’s position as a responsible corporate citizen and deepen community engagement around sustainability goals.
Transform: Advancing Green Innovation and Sustainable Growth
Fii’s transformation agenda focuses on leveraging innovation to unlock new opportunities in the green economy. In November 2023, the company launched its flagship Green-Eco project, a major initiative aimed at developing and marketing environmentally friendly products.
The project has already yielded substantial results. By mid-2024, Fii had identified 1,790 eco-friendly products spanning 29 different categories. These sustainable offerings generated a remarkable $37.74 billion in revenue—an impressive 61.96% of the company’s total revenue for the year. This demonstrates not only the commercial viability of green innovation but also the scalability of Fii’s environmental commitments.
The Green-Eco project is a testament to Fii’s forward-looking strategy, which blends economic success with environmental stewardship. It underscores the company’s intention to lead the global shift toward sustainable consumption and production patterns. From eco-design to sustainable sourcing and lifecycle optimization, the initiative represents a comprehensive approach to building a greener product portfolio.
