This document provides guidance on meaningful and respectful engagement with Indigenous Peoples and Local Communities and affected stakeholders as it pertains to the assessment and management of nature related dependencies, impacts, risks and opportunities. The TNFD recognises that larger systemic risks associated with nature loss cannot be addressed by individual actors acting alone and that siloed approaches to ecosystem management can result in negative outcomes overall. The TNFD acknowledges the need for engagement with multiple stakeholder groups and the relevance of this type of engagement for the assessment and management of nature-related dependencies, impacts, risks and opportunities. Although many of the approaches highlighted in this guidance are applicable to multi-stakeholder processes and the importance of these for nature-related issues is recognised (see Section 5.4), this guidance is not focused on these processes. Instead, this guidance is centred on listening to, understanding and responding to the perspectives of Indigenous Peoples, Local Communities and affected stakeholders, so their views and knowledge can inform the identification of nature related issues and the potential impacts on people, as well as potential responses and assessments of their effectiveness.