Climate risk disclosure gains momentum but work needed: TCFD
Few firms disclose financial impact of climate risk, review finds
Climate-related risk disclosures are on the rise but few contain sufficient details of the financial impact of climate change on a company, according to a review of disclosures from 1,700 companies.
“While the task force found some of the results of its disclosure review encouraging, it also recognised further work is needed for disclosures to contain more decision-useful climate-related information,” says the report from the Financial Stability Board’s (FSB) Task Force on Climate-related
More on Climate risk
Climate risk advisory firm of the year: SparkChange
Energy Risk Awards 2025: Data firm provides unique insight into energy transition winners, losers and mispriced firms
Climate risk research house of the year: Veyt
Energy Risk Awards 2025: Veyt’s unique views help clients navigate low-carbon markets
Climate stress tests are cold comfort for banks
Flaws in regulators’ methodology for gauging financial impact of climate change undermine transition efforts, argues modelling expert
Revenues soar for SCB as interest in climate risk intensifies
Sponsored content
Podcast: Investing, climate risk and energy firms
How are investors enabling the move to the low-carbon economy?
Calls to hike climate policy raise risk for oil firms
Increased climate policy will put more oil and gas assets under threat of stranding
When climate risk starts to bite
Energy firms under increased pressure to assess physical climate risk
HKMA unveils measures to combat climate change risks
HKMA will be government’s representative in a potential HK$100 billion green bond offering
