Today, the TCFD published its sixth and final status report, which highlights steady momentum in companies disclosing TCFD-aligned information. On average for fiscal year 2022, companies reported in line with 5.3 of the Task Force’s 11 recommended disclosures, up from an average of 3.2 in 2020. While levels of disclosure are increasing, they still fall short of the 11 recommended disclosures. Click below to read more.
Congratulations to the TCFD for their excellent work in driving forward climate disclosure.
Having read multiple disclosures across multiple sectors it's clear that many do not yet understand all their transition risks, and if they do, the focus is on a qualitative disclosure and mitigation plans rather than sharing the worst or most likely case quantitative financial risks. Financial risks for investors are being understated.
Thank you TCFD for your hard work. Leakage from tank breather valves is a largely overlooked issue, yet crucial in sustainability. Vent-Less addresses this by delivering precise, real-time emissions data, aligning with ESRS and marking a significant step in responsible, transparent environmental reporting.
Find the 2023 status report here: https://assets.bbhub.io/company/sites/60/2023/09/2023-Status-Report.pdf Find our core recommendations report here: https://assets.bbhub.io/company/sites/60/2021/10/FINAL-2017-TCFD-Report.pdf