The Task Force on Climate-related Financial Disclosures

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The Task Force on Climate-related Financial Disclosures

The Task Force on Climate-related Financial Disclosures (TCFD) will develop voluntary, consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders. The Task Force will consider the physical, liability and transition risks associated with climate change and what constitutes effective financial disclosures across industries. The work and recommendations of the Task Force will help firms understand what financial markets want from disclosure in order to measure and respond to climate change risks, and encourage firms to align their disclosures with investors’ needs.

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Content from this campaign

Mike Bloomberg and FSB Chair Mark Carney Announce Growing Support for the TCFD on the Two-Year Anniversary of the Paris Agreement
Paris, December 12, 2017 – Two hundred thirty-seven companies with a combined market capitalization of over $6.3 trillion have publicly committed to support the Task Force on Climaterelated Financial Disclosures (TCFD). This includes over 150 financial firms, responsible for assets of over $81.7 trillion. The TCFD announced the growing support at the One Planet Summit hosted by French...
Dec 12, 2017 1:40 PM ET
Final Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)
Last week the FSB Task Force on Climate-related Financial Disclosures (TCFD), chaired by Mike Bloomberg, released its final...
Jul 7, 2017 2:25 PM ET
Better Market Information Can Help Combat Climate Change
Markets do more than help nations prosper. They can help solve our most pressing problems. Case in point: climate change. Financial markets have the potential to improve our prospects for tackling climate change, but only if we make climate risks and opportunities more transparent. Public policy, technology and consumer preferences are advancing, but this backdrop is complex and dynamic....
Jun 29, 2017 4:45 PM ET
Carney’s CEO Club Gives $3.3 Trillion Muscle to Climate Fight
Originally posted on  Bank of England Governor Mark Carney said he’s concerned investors aren’t doing enough to assess threats that global warming will have on assets they purchase. The central bank governor who also...
Jun 29, 2017 11:20 AM ET
Mike Bloomberg & Carl Pope Talk Climate Change on Morning Joe
Mike Bloomberg and Carl Pope talk about the significant advances made to address climate change on MSNBC's Morning Joe. To watch the video, click here.   
May 4, 2017 4:25 PM ET