Study reveals just 154 UK firms made any reference to the Task Force on Climate-related Financial Disclosures (TCFD) in their 2020 reporting.
Just 49 companies are undertaking the most detailed kind of climate reporting according to principles laid out by the Task Force on Climate-related Financial Disclosures (TCFD).
While that may not sound disastrous, the government has spelled out plans for mandatory TCFD reporting for all companies by 2025. Premium listed companies must use the reporting framework for financial years beginning from January this year. The clock is ticking.
While time is short, few companies seem to have grasped the nettle. According to the report from FTI Consulting, an international business advisory firm, just 154 companies make any reference to TCFD at
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