The demand for decision-useful climate-related information by a range of participants in the financial markets has continued to grow over the last decade. However, evidence suggests that the lack of consistent information hinders investors and others from considering climate-related issues in their asset valuation, allocation and decision-making processes.

The Task Force on Climate-related Financial Disclosures (TCFD) was set up in 2015 to deliver a set of recommendations for voluntary company financial disclosures of climate-related risks. Provided they are used by investors, creditors and underwriters, disclosures on climate-related risk can:

  • Improve market pricing and reduce the potential or large, abrupt corrections in asset values that can destabilise financial markets;
  • Reveal underlying system wide exposures; and
  • Help market participants and other stakeholders assess to what extent companies are considering and managing climate-related risks and opportunities.

Enrol in this course to learn about what the recommendations are and how to apply them to your organisation.