Task Force on Climate-Related Financial Disclosure (TCFD)
The Financial Stability Board, an international body, established the Task Force on Climate-related Financial Disclosures (TCFD) to develop recommendations for more effective climate-related disclosures, in order to promote more informed investment, credit, and insurance underwriting decisions, enable stakeholders to understand better the concentrations of carbon-related assets in the financial sector and understand the financial system’s exposures to climate-related risks.
The TCFD provides general and sector-specific guidance
to assist organisations with implementing its disclosure recommendations.
Standards and Regulations can apply to specific materials. Below are all the materials the Task Force on Climate-Related Financial Disclosure (TCFD) Guidance applies or could be applied to.