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.

Learn more here: http://www.fsb.org/about/

Videos from this campaign

Content from this campaign

Responsible Business & Employee Engagement

Carney Panel Urges CEO Compensation Link With Climate Risk
Energy companies should consider telling investors how executive compensation is linked to climate change risks, according to a panel advising the Group of 20 nations.

Responsible Business & Employee Engagement

Mark Carney: Businesses Must Come Clean About Climate Change Risks to Avoid "Tragedy"

Sustainable Finance & Socially Responsible Investment

MPs from 34 Countries Write to Stock Exchanges Asking Them to Make Firms Reveal Climate Change Risks
An international alliance of over 100 MPs from 34 different countries have written to the world’s stock exchanges calling on them to factor in the financial risks of climate change.

Sustainable Finance & Socially Responsible Investment

Climate Disclosure Framework Creates a Better Environment for Investors
Stephanie Leaist is a member of the Task Force on Climate-related Financial Disclosures, and managing director, Head of Sustainable Investing at Canada Pension Plan Investment Board

Responsible Business & Employee Engagement

G20 Task Force Wants Companies to Come Clean on Climate Risk
A global task force set up to try to prevent market shocks from the warming of the planet will ask companies to disclose how they manage risks to their business from climate change and greenhouse gas emission cuts.

Events, Media & Communications

Climate Related Financial Disclosure For Business: An Imperative For 2017
2016 began - as recorded here on Forbes - noting that climate change was becoming very real in the financial world. As we head towards the end of what has been a tumultuous year, the Financial Stability Board (FSB) is clear the message needs to be reinforced, not dismissed.

Responsible Business & Employee Engagement

Companies Must Disclose Climate-change Risk: Carney Panel
Corporations, especially those in the financial and energy sectors, should provide investors with clear and systematic disclosure of the risks that climate change poses to their future economic health, a task force reporting to Bank of England Governor Mark Carney recommended Wednesday.

Responsible Business & Employee Engagement

Companies Need to Disclose More on Climate Risks, Panel Says
Investors need more information about the risks companies face from global warming so they can fund development of the new technologies that are needed to control climate change and mitigate its effects, a task force said Wednesday.

Sustainable Finance & Socially Responsible Investment

Carney-Backed Report Urges Companies to Disclose Climate Change Effects
A task force led by Michael Bloomberg and backed by Mark Carney has urged companies to disclose to investors the impact of climate change on their businesses.

Sustainable Finance & Socially Responsible Investment

Swiss Re Adopts Climate-Related Financial Disclosure Recommendations
Swiss Re announced on Wednesday that it will adopt the climate-related financial disclosure recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD).

More from Bloomberg

  1. Bloomberg: Philanthropy & Engagement
    Bloomberg is about people. We rely every day on the dedication and inventive spirit of our employees in our mission to be the premier provider of key...

  2. Bloomberg: Global Diversity & Inclusion
    Bloomberg’s diverse workforce and open culture are essential to innovation and the key to our success. Our efforts help establish an inclusive work...

  3. Bloomberg: Sustainable Business
    The primary objective of our sustainability strategy is to decouple the Company’s growth from environmental impact, while proving the business case...

  4. 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...

  5. Bloomberg Impact Report 2022
    Bloomberg LP recently published its 2022 Impact Report, which outlines how the company continues to address climate change through its operations and...

  6. Bloomberg & COP
    Michael R. Bloomberg, the UN Secretary-General’s Special Envoy on Climate Ambition and Solutions and founder of Bloomberg L.P. and Bloomberg...

  7. Bloomberg: Sustainable Finance
    Bloomberg's products and services provide essential information to the world's most influential audiences. Increasing transparency around...

  8. Bloomberg & the Paris Agreement
    At the Paris climate conference (COP21) in December 2015, 195 countries adopted the first-ever universal, legally binding global climate deal.The...

  9. Sustainable Design: Bloomberg London
    Located in the heart of the City of London, our new European headquarters pushes the boundaries of sustainable office design.

  10. Bloomberg Impact Report Archive
    Bloomberg issues an annual Impact Report which outlines Bloomberg's approach to sustainability and highlights the environmental and social impact they...