Task Force on Climate-Related Financial Disclosures (TCFD) releases final recommendations
In the final report released this month, the TCFD outlines four recommendations for financial-sector organizations to adopt, recognizing that large asset owners and asset managers can influence other organizations to improve their financial disclosures. The recommendations centre around governance, strategy, risk management, metrics and targets.
The report is especially relevant following the recent ICPM Discussion Forum, where participants examined climate change risks.
Read the report here.