Understanding TCFD Reporting

Let's start with the basics.

TCFD stands for Task Force on Climate-related Financial Disclosures. It's a framework designed to help companies disclose climate-related risks and opportunities in a clear, consistent, and comprehensive manner.

Think of it as a roadmap for businesses to navigate the ever-changing landscape of climate change. The framework comprises four key components:

  • Governance
  • Strategy
  • Risk management
  • Metrics and targets

Each component plays a crucial role in helping companies understand and communicate their approach to climate-related issues.

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