Which companies are doing their part to reduce the impacts of climate change? Which will thrive in this new scenario? Which sectors are most threatened? To answer these questions, guide investors and markets, and guide companies' decisions, the Financial Stability Board (FSB) published a report by the TCFD (Task Force on Climate-Financial Disclosures) with recommendations on how corporate climate-related information should be disclosed. The idea is to always have greater transparency and help Companies should incorporate climate-related risks and opportunities into their risk management and strategic planning processes. This will allow markets to invest more in sustainable and resilient solutions, opportunities, and business models.
Global warming caused The impact of greenhouse gas emissions poses serious risks to the world and will impact many economic sectors. The report's goal is to ensure that the effects of climate change are routinely considered in business and investment decisions. Adopting these recommendations will also help companies transition to a more sustainable, low-carbon economy.
The TCFD team spent 18 months consulting with business and financial leaders to develop the recommendations and consider how to help companies better communicate key climate-related issues. Download here.
