TCFD

The Task Force on Climate-related Financial Disclosures (TCFD) issues a set of recommendations for reporting climate-related financial information. Through broad adoption, these recommendations aim to integrate climate-related financial risks and opportunities into companies' risk management and strategic planning processes. As a result, companies and investors will develop a better understanding of the potential financial implications associated with transitioning to a low-carbon economy and climate-related physical risks. This will lead to more decision-relevant information, more accurate pricing of risks and opportunities, and more efficient capital allocation.