Julie Brown, CFO, Burberry - Top tips for implementing the TCFD recommendations
Climate change is one of the biggest social and economic risks the world faces today. Companies and investors are already being affected by the transition to a net zero carbon economy and the physical impacts of climate change, the effects of which will only increase over time.
The TCFD recommendations were published in June 2017 and can be downloaded at www.fsb-tcfd.org
Consistent adoption of the recommendations will lead to effective measurement and improved company resilience; informed decisions by investors; and better evaluation of risks and exposures by lenders, insurers and underwriters.
Successful adoption relies on Chief Financial Officers, like Julie Brown, leading on implementation of the recommendations, accounting bodies guiding their members, and the investment world acting on the disclosures made.
