Summary
Building on the work of the Task Force on Climate-Related
Financial Disclosures (TCFD), the London Stock Exchange has created
a practical guide to help listed and AIM companies effectively
disclose and communicate their approach to climate change, their
strategies and how they are managing associated risk and
opportunity.
More than 2000 companies representing in excess of $20 trillion
in market capitalisation have announced their support for TCFD and
there is widespread recognition for the need for clear, consistent
and decision-useful information from companies on climate-related
information.
Background
There is an increasing demand for companies to disclose more
precise details of their climate strategy and carbon emissions and
regulators are consulting/amending their rules to provide for this
in line with the Government's Green Finance Strategy and its
roadmap towards mandatory climate-related disclosures.