Major US companies including Apple and BlackRock want to see the TCFD framework and global standards integrated into US reporting rules.
While there may be doubts in some quarters about the mandatory introduction of climate risk reporting for US companies, many submissions to a consultation have focused on two objectives: introducing the TCFD reporting framework and ensuring the reporting rules go global.
Other parts of the world have pushed ahead with mandatory ESG reporting, but it was only in March this year, following Joe Biden’s presidential victory, that US regulators called for submissions on helping Wall Street catch up.
Companies, academics and investors have answered the call. Indeed, the world’s biggest fund manager, BlackRock, leads the way in calling for
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