The Task Force on Climate-related Financial Disclosures

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The Task Force on Climate-related Financial Disclosures

The Task Force on Climate-related Financial Disclosures (TCFD) will develop voluntary, consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders. The Task Force will consider the physical, liability and transition risks associated with climate change and what constitutes effective financial disclosures across industries. The work and recommendations of the Task Force will help firms understand what financial markets want from disclosure in order to measure and respond to climate change risks, and encourage firms to align their disclosures with investors’ needs.

Learn more here: http://www.fsb.org/about/

Content from this campaign

Australian Companies' Negligence on Tackling Climate Change Will Cost Us
As you contemplate the coming year, what it might bring, and your own personal goals and hopes, here's a little fact to help orient your thoughts: planet Earth has just experienced its warmest year since records began. If that news sounds familiar, it might be because that the same was also true for 2015. And 2014. Temperatures are now more than 1 degree above pre-industrial levels and...
Jan 5, 2017 3:30 AM ET
Companies Should Report Possible Climate Costs, Say Global Executives
Originally posted on Wall Street Journal. LONDON—Companies should publish an assessment of the losses they could suffer through climate change as part of their routine financial statements, according to a panel of financial and business...
Jan 4, 2017 4:00 PM ET
Carney Panel Urges CEO Compensation Link With Climate Risk
Originally posted on Bloomberg.com Energy companies should consider telling investors how executive compensation is linked to climate change risks, ...
Jan 2, 2017 2:55 PM ET
Mark Carney: Businesses Must Come Clean About Climate Change Risks to Avoid "Tragedy"
Mark Carney backed a raft of new measures to ensure businesses and investors do more to combat the “tragedy” of climate change. The recommendations, published by an international task force headed by billionaire New York City mayor, Michael Bloomberg, said investors need more information about the risks companies face from global warming so they can properly allocate funds. ...
Dec 30, 2016 2:55 PM ET
Climate Disclosure Framework Creates a Better Environment for Investors
Stephanie Leaist is a member of the Task Force on Climate-related Financial Disclosures, and managing director, Head of Sustainable Investing at Canada Pension Plan Investment Board A year ago there was an air of optimism around the Paris Agreement to limit global warming. Driven by a sense of urgency, encouraging action has since been taken by policy makers, regulators, companies and...
Dec 28, 2016 3:50 PM ET

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