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Convened in 2015 by the Financial Stability Board, the Task Force on Climate-related Financial Disclosures (TCFD) published its final recommendations in June 2017, which span across governance, strategy, risk management, and metrics. Since then, companies around the globe have been discussing how to respond.
Our new report, TCFD: It Can Be Done, presents the latest thinking on TCFD’s recommendations, and how they map onto SEC guidance on climate disclosure. Read on for a practical evaluation of how difficult these recommendations will be to implement, based on an in-depth review of disclosures from 15 of the largest oil and gas companies.