Tag: Task Force on Climate-related Financial Disclosures
FRC says climate disclosures are ‘failing to meet investor expectations’
Review by the UK regulator finds there is “little evidence” that business models and strategy are being influenced by climate considerations.
BlackRock backs global sustainability reporting standards
The fund manager says investors and corporates need common and comparable data, amid IFRS consultation on global sustainability reporting.
Investment Association calls for better climate risk reporting
It’s the latest warning that investors want to see companies explain the impact climate change will have on their business operations and future prospects.
UK watchdog to review companies’ climate reporting
The Financial Reporting Council will analyse how UK firms and their auditors “assess and report” the impact of climate change.
Most EU non-financial reporting is ‘poor quality’
Study finds firms are delivering the minimum required under existing EU directive, with only 14% reporting how they align targets with the Paris Agreement goals.
UK government set to implement mandatory TCFD reporting
The prime minister reportedly wants the UK to “lead the way” on reporting climate risks, using guidelines from the Task Force on Climate-related Financial Disclosures.
Integrating climate reporting is key to effective risk management
Embedding climate-related data into business operations and strategy will enable companies to manage their climate risks and opportunities.
Investors believe companies are ‘falling short’ on climate reporting
The Financial Reporting Council warns that organisations must “rapidly increase transparency and improve reporting” to meet evolving investor expectations.
TCFD summit confirms climate risk should be your board’s priority
The Task Force on Climate-related Financial Disclosure (TCFD) has set a pathway for climate risk to become an integral part of corporate governance.
Mark Carney predicts more action on climate-related risk disclosures
Governor of the Bank of England warns that the global financial system needs to put climate-related risk “at the heart of decision-making”.