327-1 Recommendations of the Task Force on Climate-related Financial Disclosures

Summary

This report concerns the Task Force’s recommendations which aim to be ambitious, but also practical for near-term adoption. It expects to advance the quality of mainstream financial disclosures related to the potential effects of climate change on organizations today and in the future and to increase investor engagement with boards and senior management on climate-related issues.

Thumbnail image for This report concerns the Task Force’s recommendations which aim to be ambitious, but also practical for near-term adoption. It expects to advance the quality of mainstream financial disclosures related to the potential effects of climate change on organizations today and in the future and to increase investor engagement with boards and senior management on climate-related issues.

Issuer

Task Force on Climate-Related and Financial Disclosures (TCFD)

Year

2017

Region

International

Issuer (type)

Task Force on Climate-Related and Financial Disclosures (International)

Policy Type

Disclosure

Geographical scope

International

Mandatory or voluntary

Voluntary

Global Reporting Initiative (GRI)

Other

Main industries targeted

Finance & Insurance
Mining, Quarrying, Oil & Gas Extraction
Manufacturing
Transportation & Warehousing

Restrictiveness

Moderate

Sustainable Development Goals (SDGs)

SDG 2: Zero Hunger
SDG 5: Gender Equality
SDG 7: Affordable and Clean Energy
SDG 8: Decent Work and Economic Growth
SDG 9: Industry, Innovation, and Infrastructure
SDG 10: Reduced Inequality
SDG 11: Sustainable Cities and Communities
SDG 13: Climate Action
SDG 17: Partnerships for the Goals