Tata Steel, TCFD Organise Programme on Issue of Climate Change

Oct 18, 2016 5:30 AM ET

Originally posted on India Today.
Mumbai, Sep 22 (PTI) Tata Steel in collaboration with the Task Force on Climate-related Financial Disclosures (TCFD) today organised an outreach programme to discuss ways to manage risks and opportunities related to climate change.

The event was attended by eminent personalities across industry, finance, government and senior members from the Task Force Secretariat. Industry experts discussed and deliberated on how to manage risks and opportunities related to climate change.

"Companies need to take active steps to measure their carbon exposure, draw up plans to reduce their footprint and communicate its strategies to shareholders and financial stakeholders for better governance and allocation of capital," Tata Steel Group Executive Director (Finance and Corporate) & Member of TCFD Koushik Chatterjee said here.

TCFD was set up by the Financial Stability Board in December 2015.

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