Everything You Ever Wanted to Know About TCFD
Published 05-04-21
COVID-19 has dominated virtually every waking moment for much of the past year. But with vaccination programmes now accelerating across the world, attention is shifting back to other societal challenges facing us globally. And of these, there is arguably none bigger than climate change. In 2015, climate change spurred investors and the financial industry to form the Task Force on Climate-Related Financial Disclosures (TCFD), which developed and released their recommendations for climate-related financial disclosure in 2017.
With increasing number of companies now disclosing their climate-related risks and opportunities in alignment with the TCFD recommendations, a team of WSP experts recently issued a study assessing how firms are approaching such disclosures and how they can be enhanced to bring added value.
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