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Ready or not: Are companies prepared for the TCFD recommendations?

In 2015, the Financial Stability Board (FSB), at the request of G20 leaders, launched its Task Force on Climate-Related Financial Disclosures (TCFD). The Task Force published their final recommendations for effective disclosure of climate-related financial risks in June 2017. This joint Climate Disclosure Standards Board and CDP research assesses the level of preparedness of companies to disclose material climate-related information according to the TCFD recommendations. It focuses on the companies’ reporting practices and management processes for climate-related matters, and whether there are any significant geographical or sectorial variations. 

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