CEO Guide to climate-related financial disclosures.
The TCFD’s objectives are to develop climate-related disclosure recommendations that:
- Provide information for investors so as to promote more informed investment, credit and insurance underwriting decisions;
- Enable stakeholders to understand the financial system’s exposure to climate-related risks particularly affecting organizations most likely to experience climate-related financial impacts from transition and physical risks;
- Complement, but do not add to, existing climate disclosure frameworks, so as to improve the quality and consistency of information disclosed;
- Are ambitious but practical for near term adoption.