Sustainable Investment Insights: TCFD - 1 Year On

What is the Task Force on Climate-Related Financial Disclosures (TCFD) and why is it important?

Set up by the Financial Stability Board (FSB), the TCFD seeks to develop recommendations for voluntary climate-related financial disclosures that are consistent, comparable, reliable, clear, and efficient, and provide decision-useful information to lenders, insurers, and investors. 

  • Better access to data will enhance how climate-related risks are assessed, priced, and managed. 
  • Companies can more effectively measure and evaluate their own risks and those of their suppliers and competitors. 
  • Investors will make better informed decisions on where and how they want to allocate their capital. 
  • Lenders, insurers and underwriters will be better able to evaluate their risks and exposures over the short, medium, and long-term.
  • The TCFD represents an opportunity to bring climate-related financial reporting to a mainstream audience.

Core Elements of Recommended Climate-Related Financial Disclosures

  • Governance: The organisation’s governance around climate-related risks and opportunities.
  • Strategy: The actual and potential impacts of climate-related risks and opportunities on the organisation’s businesses, strategy, and financial planning.
  • Risk Management: The processes used by the organisation to identify, assess and manage climate-related risks.
  • Metrics and Targets: The metrics and targets used to assess and manage relevant climate-related risks and opportunities.

Discover more with the entire documentation

News published on Climate Action Programme
Consult the source


Moderated by : Guillaume Aichelmann

Other news in "Information"

Florence: Renaissance and smart future

Published 22 Mar 2019 - 11:56

The Italian city has recently become a model smart city by implementing a broad plan ranging from urban development to mobility and new tourism management   When you hear Uffizi, Accademia and David what do you think about? Florence (...)

Parametric models for buildings and building clusters: Building features and boundaries

Published 22 Mar 2019 - 11:46

Already today buildings can be realised in the nearly zero and plus energy standard. These buildings achieve extremely low energy demands and low CO2 emissions and can be operated economically. For this reason, the motivation in (...)

Innovating financing schemes: 5 handbooks to help cities improve energy performance

Published 20 Mar 2019 - 11:21

To complement their peer-learning initiative, the PROSPECT programme has released 5 thematic handbooks (tackling Public buildings, Private buildings, Transport, Public lightning and Cross-sectoral initiatives) aimed at referencing (...)


Comments





Search through the news

Enter your own key word



Other news

Competition for local renewable energy production in the islands
Published 22 Mar 2019 - 11:20
Achieve better buildings : passive house conference
Published 20 Mar 2019 - 11:00
Living Future® 19 Collaboration + Abundance
Published 14 Mar 2019 - 13:03
District heating 2.0
Published 09 Mar 2019 - 11:40
When circular buildings go on air
Published 08 Mar 2019 - 23:13


Categories


Most read articles