TCFD summary and attribution

Given its remit from the Financial Stability Board, the Task-force on Climate-related Financial Disclosures (TCFD) is committed to market transparency. The success of the TCFD recommendations depends on widespread adoption by companies in the financial and non-financial sectors.

Through widespread adoption, financial risks and opportunities related to climate change will become a natural part of companies’ risk management and strategic planning processes. As this occurs, companies’ and investors’ understanding of the potential financial implications associated with transitioning to a lower-carbon economy and climate-related physical risks will grow; information will become more decision-useful; and risks and opportunities will be more accurately priced, allowing for the more efficient allocation of capital.

For more information, see the TCFD website.

Attribution

Content is provided according to the TCFD terms and conditions.

TCFD content is provided under a Creative Commons Attribution 4.0 International Licence and must be used in accordance with the terms and conditions of that licence.

Source

TCFD Recommended Disclosures. No changes were made to source content.