TCFD Report Launch: Key Comments from Carney, Bloomberg, Schapiro, Lindeijer

Bank of England Governor and Chair of the Financial Stability Board Mark Carney has said the newly released report from the Task Force on Climate Related Financial Disclosures (TCFD) represents a breakthrough in managing the risks and opportunities related with climate change.

Speaking this week at the launch of the report, held at the Tate Modern gallery that is housed in a former oil-fired power station, Carney said it provided a disclosure framework that is sufficiently comprehensive for use by all publicly listed companies, whatever their sector, to account for the full set of climate related risks and opportunities they face.

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