The requirement to disclose climate-related financial information, aligned with Task Force on Climate-related Financial Disclosures, or TCFD, comes into force today. Following a 12-month grace period, around 1,300 of the largest companies registered in the UK will now be mandated to report on their climate-related financial information; considering the risks and opportunities faced as a result of climate change.
TCFD is not just a tick-box exercise on road to net zero
Grasp the opportunities TCFD creates or wait until it erodes your business model, writes Risilience CEO Andrew Coburn.