Understanding TCFD

About TCFD

The Taskforce for Climate-related Financial Disclosures (TCFD) has become the go-to framework for climate-related financial reporting. The demand for TCFD disclosure is now enormous, with more than 1,500 supporters from 55 countries. The supply of disclosure is responding, with four-fifths of the top 1100 global companies now disclosing climate-related financial risks in line with the TCFD recommendations. As companies apply the TCFD recommendations and investors increasingly differentiate between firms based on this information, the adoption is spreading, disclosure is improving, and the process is becoming more efficient.