What was the TCFD?
The Task Force on Climate Related Financial Disclosures (TCFD) did work to help companies understand what information they should share about the risks and opportunities they face due to climate change. Their guidance was organised into four key areas: Governance, Strategy, Risk Management, and Metrics and Targets. The TCFD was set up in 2015 by the Financial Stability Board (FSB) because the lack of clear and consistent information on climate risks was making markets less efficient and was contributing to systemic risk. ...