The Task Force on Climate-related Financial Disclosures (TCFD)

The Task Force on Climate-related Financial Disclosures (TCFD) is a global initiative that encourages companies to openly report how climate change impacts their business, finances, and risk management. Its goal is to provide consistent, transparent information so investors, lenders, and insurers can better understand companies' exposures to climate-related threats and opportunities. By doing so, it helps promote more informed decision-making and supports a transition to a more sustainable economy. The TCFD's recommendations focus on governance, strategy, risk management, and metrics related to climate risks and opportunities.