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Home Knowledge hub Videos Three tips to implementing TCFD recommendations - Manjula Chummun, Tesco

Three tips to implementing TCFD recommendations - Manjula Chummun, Tesco

Manjula Chummun, Head of Finance - Sustainability, Tesco shares her three tips to implementing TCFD recommendations in your organization.

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 FSB Task Force on Climate-related Financial Disclosures (TCFD) recommends a framework for disclosing climate related risks and opportunities, going beyond current practices in two significant ways:

  1. Inclusion in mainstream financial filings
  2. Using scenario analysis to inform business strategy

The TCFD recommendations were published in June 2017 and can be downloaded at www.fsb-tcfd.org

 

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