Certifications

TCFD CLIMATE RISK DISCLOSURE FRAMEWORK

Task Force on Climate-Related Financial Disclosures

The Task Force on Climate-related Financial Disclosures (TCFD) is a globally recognised climate-risk reporting framework established by the Financial Stability Board (FSB) to promote consistent, transparent, and decision-useful disclosures on climate-related risks and opportunities. The framework helps organisations articulate how climate change impacts their business model, financial performance, strategy, and long-term resilience. Unlike conventional sustainability narratives, TCFD emphasises financial relevance, requiring companies to evaluate the material financial implications of climate change across physical and transition risks. The framework also encourages scenario analysis, enabling organisations to assess resilience under varying climate pathways, such as a 1.5°C or 2°C future. TCFD reporting is increasingly integrated into national regulations and stock exchange requirements worldwide and forms a foundational layer for emerging global standards like the ISSB IFRS S1 and S2 Standards, EU CSRD climate disclosures, and institutional investor expectations. As climate risks become central to corporate governance and strategic planning, TCFD reporting provides a structured, transparent, and globally comparable approach for organisations to communicate climate resilience and strategic preparedness to stakeholders. By adopting the TCFD framework, companies demonstrate leadership in climate governance, strengthen risk management, improve investor confidence, and enhance long-term sustainability performance.