The Task Force on Climate-related Financial Disclosures
Why TCFD is more than a reporting mechanismWith governments around the world committing to net zero, reporting on climate considerations is a must for business.
The Task Force on Climate-related Financial Disclosures (TCFD) has developed a set of recommendations that are changing the way organisations manage climate risks and opportunities.
More than a tick-box exercise for a company’s annual report, TCFD reporting provides consistent, decision-useful and forward-looking information on the material financial impacts of climate change.
It will help reshape your business. And, importantly, it’s paving the way for a corporate standard on sustainability-related financial disclosures.
To help you on your way, here’s our tips for those starting out on their TCFD journey. If your business is already reporting on the disclosures, read our round-up on progress to date and emerging best practice.
Five things you need to know about TCFD
A leading standard that’s widely adopted
You’ll need to prepare your business for action
It will help future-proof your business
And drive strategic change
It provides a confidence boost for stakeholders
Keep learning
For more insight and inspiration on how to approach your net zero journey, explore our collection of articles below.