Task Force on Climate-related Financial Disclosures

TCFD

The Task Force on Climate-Related Financial Disclosures was created in 2015 by the Financial Stability Board.

Climate Related Financial Risk

The purpose of TCFD is to develop consistent climate-related financial risk disclosures for use by companies, banks, and investors in providing any information to the stakeholders.

In 2017, the TCFD released climate-related ļ¬nancial disclosure recommendations designed to help companies provide better information to support informed capital allocation. The recommendations are structured around four areas that represent core elements of how companies operate these core elements are: governance, strategy, risk management, and metrics and targets.

To find out more about the framework visit here