Financial Stability Board Task Force on Climate-related Financial Disclosures (TCFD)

The Financial Stability Board's Task Force on Climate-related Financial Disclosures (TCFD) is an organization that develops guidelines for companies to transparently share how climate change may impact their business. It encourages companies to report on risks and opportunities related to climate, such as extreme weather or shifts in consumer preferences. This helps investors, lenders, and other stakeholders make better-informed decisions by understanding potential financial impacts stemming from climate-related factors. By promoting clear and consistent disclosures, TCFD aims to support a more resilient and sustainable global financial system.