Certified Corporate Sustainability Professional | ESG | Climate Action | Energy | Green Hydrogen | Project Management | Data Analysis | Reporting |
The end of an era! 🚫 💡TCFD recommendations incorporated into the ISSB's Standards. 💡ISSB to take over the monitoring of the progress on companies’ climate-related disclosures from the TCFD. 💡TCFD's four pillar framework of Governance, Strategy, Risk Management and Metrics & Targets lives on through ISSB's IFRS S1 & S2. 💡Companies that apply the ISSB Standards will meet the TCFD recommendations and so do not need to apply the TCFD recommendations in addition to the ISSB's Standards. 💡Companies can continue to use the TCFD recommendations should they choose to do so, and some companies may still be required to use the TCFD recommendations as is the case of bodies regulated by CBK. #sustainabilityreporting #issb #ifrs #sustainability #gri #cop28 #cop28uae #ghgprotocol #investing #sasb #cdsb
Concurrent with the release of its 2023 status report on October 12, 2023, the TCFD has fulfilled its remit and disbanded. The TCFD website and LinkedIn account will remain available to serve as a resource for materials developed by the Task Force but will no longer be updated or monitored. The FSB has asked the IFRS Foundation's International Sustainability Standards Board (ISSB) to take over the monitoring of the progress of companies’ climate-related disclosures. Please visit the below link for more information.
Certified Corporate Sustainability Professional | ESG | Climate Action | Energy | Green Hydrogen | Project Management | Data Analysis | Reporting |
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