Understanding the TCFD Framework

The Task Force on Climate-related Financial Disclosures (TCFD) isn’t a regulatory body imposing strict rules; instead, it provides a framework for companies to voluntarily disclose climate-related risks and opportunities. This framework encourages a consistent approach, making it easier for investors and other stakeholders to understand a company’s exposure to climate change. It’s built on four core pillars: governance, strategy, risk management, and metrics and targets. By following the TCFD recommendations, businesses can improve their transparency and build resilience against climate-related challenges.

Governance: Establishing Accountability for Climate Action

Effective climate governance begins at the top. The TCFD