TCFD Think Tank
The climate crisis must be understood by the financial system so that climate risks and opportunities can be priced appropriately.
The Task Force on Climate-related Financial Disclosures (TCFD), led by industry, has drawn up recommendations for voluntary and consistent disclosure of climate-related information. Globally, the TCFD recommendations are now regarded as key guidelines. Numerous companies have committed themselves to disclosing along the TCFD. However, questions remain on their practical implementation.
In its TCFD think tank, the Cluster seeks to answer those questions in cooperation with the Frankfurt School of Finance & Management, PwC Germany, d-fine and right. based on science. Four workshops with selected practitioners from the financial sector helped to develop an in-depth understanding of the implementation of the TCFD recommendations.
The knowledge gathered is now available to the interested public, in particular financial institutions, in the form of short briefs. They are tailored to practical needs and show that new structures are needed, that a multi-level approach should be pursued and that expertise needs to be built up in specialist fields such as the physical effects of the climate crisis.
Now you need to act:
Please use the short briefs to assess climate-related risks – and opportunities in your portfolio appropriately, which will help you to future-proof your business models. On top, you will make a substantial contribution to global climate action.
The GSFCG is happy to support you on that journey.
More from TCFD Think Tank:
In cooperation with:
