A beginner’s guide to TCFD (Part II)

  • UK Chancellor Rishi Sunak announced that the UK would become the first country to make TCFD mandatory by 2025, launching an ambitious roadmap that promises regulation for the UK’s premium listed companies in 2021.
  • The FRC published an extensive review of climate reporting, concluding that “corporate reporting needs to improve to meet the expectations of investors and other users on the urgen issue of climate change” and encouraging companies to adopt TCFD and SASB to support disclosures.
  • In his annual letter to CEOs, CFOs, and Audit Committee Chairs, the CEO of the FRC Sir Jonathan Thompson encourages reporters to ensure there isn’t a disconnect between narrative reporting and financial statements.

1. It’s a journey

2. Assign a disclosure owner

3. Don’t forget the numbers

4. It’s not just about carbon emissions

5. Be as specific as possible

6. Don’t overwhelm with information

7. Get in touch

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We are a next-generation brand agency built on a spirit of creative optimism. We believe in the power of creativity to improve the future.

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