Second TCFD Status Report Shows Steady Increase in TCFD Adoption

Second TCFD Status Report Shows Steady Increase in TCFD Adoption

Nearly 800 organizations have now expressed support for the TCFD and its recommendations
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Today the @FSB_TCFD published its second Status Report to the @FinStbBoard. Read about the current state of climate-related financial disclosures in the report. #TCFDRecs #climaterisk http://bit.ly/2MwuGKV

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Read about the current state of climate-related financial disclosures in the TCFD report

Wednesday, June 5, 2019 - 11:35am

CAMPAIGN: The Task Force on Climate-related Financial Disclosures

CONTENT: Press Release

NEW YORK, June 5, 2019 /3BL Media/ – The Task Force on Climate-related Financial Disclosures (TCFD) published its 2019 Status Report to the Financial Stability Board (FSB) today. The TCFD’s second status report provides an overview of disclosure practices aligned with the Task Force’s recommendations between 2016 and 2018. The report also examines the decision-usefulness of existing climate-related financial disclosures to users of disclosure, and evaluates disclosures of strategy resilience and the challenges faced by preparers using scenario analysis. At the time of publication, nearly 800 organizations have expressed their support for the TCFD recommendations, a more than 50% increase from the publication of the first status report in September 2018. 

Read the press release

Read the status report executive summary

Read the full status report