Climate change poses significant risks to the stability of the financial system. To mitigate and appropriately price these risks, companies are asked to disclose decision-useful climate-related financial information to the market. This type of reporting shifts climate change from a corporate social responsibility or sustainability issue, to one that also engages finance, risk management, and senior management.
Despite certain progress, there is an information deficit for investors and other decision-makers who are unable to make the capital allocations that can drive change across economies and societies. Initiatives like the TCFD have been set up to enhance the understanding of the economic impacts associated with climate change and to provide a framework for disclosing decision-useful information to investors.
This course follows the courses Introduction to climate-related disclosures - starting your climate journey and Understanding the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and provides further insight into how to prepare climate-related financial disclosures.Enrol in this course to learn more about climate-related financial disclosure and the TCFD.