Task Force on Climate-related Financial Disclosures

The Task Force on Climate-related Financial Disclosures (TCFD) is an organization that develops recommendations for companies to inform investors about how climate change might impact their business. It encourages transparent reporting on climate risks—like storms or new regulations—and how companies plan to adapt. The goal is to help investors make better-informed decisions by understanding the financial implications of climate change, promoting more sustainable and responsible business practices. This transparency can drive companies to reduce their environmental impact and build resilience against climate-related challenges.