What is the Task Force on Climate-related Financial Disclosures (TCFD)?

The Financial Stability Board created the Task Force on Climate-related Financial Disclosures (TCFD) to improve and increase the reporting on a company's climate-related risks and opportunities as well as their financial impact on the business.

The TCFD is an organisation of 32 members and has established a framework helping public companies and other organisations to disclose climate-related risks and opportunities through their existing reporting processes.