FEM logo
Fund EcoMarket

the sustainable, responsible and ethical investment information hub

TCFD report final report – managing climate risk

June 29th, 2017

The Task Force on Climate-related Financial Disclosure has today issued its much heralded final report the purpose of which is to establish a framework for company reporting that will enable investors to better assess and manage climate risk.

The Financial Stability Board, chaired by Governor of the Bank of England Mark Carney set up the TCFD (Task Force on Climate-related Financial Disclosure) during COP21 – the Paris climate talks.

The TCFD is chaired by former Mayor of New York Michael Bloomberg and has taken views from a wide range of international organisations.

The following text is lifted from the TCFD FAQ area:

What are the recommendations?

The recommendations describe information that companies should disclose to help investors, lenders, and insurance underwriters better understand how companies’ oversee and manage climate-related risks and opportunities as well as the material risks and opportunities to which companies are exposed.

 The recommendations focus on four key areas that are relevant in virtually all types of companies: governance, strategy, risk management, and metrics and targets.

 These areas also reflect the types of information investors and other market participants expressed that they need to make better, more informed decisions.

For further information see the following links:

See TCFD Recommendations here.

Access TCFD Publications here.

And of course you can find funds that understand climate related risks and opportunities via the SRI Styles options, Policy and Features filters on the www.FundEcoMarket.co.uk home page.

 

 

Sign Up to our Newsletter

If you are a Financial Services Industry professional you can sign up for our newsletter

Click Here

Latest News

SRI Services response to FCA SDR and labels consultation DP21/4
January 17, 2022

I am delighted to share our response to the FCAs recent ‘Sustainability Disclosure Requirements (SDR) and investment labels‘ discussion paper. Our response was rather lengthy,  so you may prefer to focus on the summary of key points below (the text below is ‘as submitted’): Download our response here: FCA SDR DP 21 4 SRI Services […]

Top 50 Fund EcoMarket sustainable investment searches 2021
January 17, 2022

  Below is a list of the top 50 filter options selected by Fund EcoMarket users during the course of 2021. This shows that, as in previous years, a wide range of filters are used by Fund EcoMarket users, most probably as that is what is required in order to offer advice on sustainable investment […]

ShareAction report on asset managers’ proxy votes
December 17, 2021

ShareAction has just published their 2021 report on shareholder voting. The gist of the report is that many shareholders, most importantly amongst them the largest (because they have the most votes) are not supporting shareholder resolutions on environmental and social issues – even when their proxy advisers are recommending they should. There will doubtless be […]