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    TCFD v2

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    TCFD v2

    Uploaded by

    guypenghuni2
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    rgfrgrgrgr

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    rgfrgrgrgr

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    0 views2 pages

    TCFD v2

    Uploaded by

    guypenghuni2
    rgfrgrgrgr

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    TCFD Overview

    No. Description TCFD

    1. Purpose The TCFD was established to develop recommendations for more


    effective climate-related disclosures that provide decision-useful
    information to lenders, insurers, investors, and other stakeholders.

    2. Objectives  Improve transparency around climate-related financial risks and


    opportunities.
     Encourage companies to integrate climate considerations into their
    financial reporting.
     Facilitate informed decision-making by stakeholders regarding
    sustainability and climate impact.

    3. Scope of Reporting  Types of Emissions Reported:


     Scope 1: Direct greenhouse gas (GHG) emissions from
    owned or controlled sources.
     Scope 2: Indirect emissions from the generation of purchased
    electricity, steam, heating, and cooling.
     Scope 3: Other indirect emissions, including those from the
    supply chain and product lifecycle.
     Other Metrics:
     Governance and risk management processes.
     Strategic resilience against climate-related risks.
     Metrics related to sustainability efforts, such as energy
    consumption, water use, and waste management.

    4. Audience & Stakeholders  Investors: Seeking insights on climate-related risks that could impact
    financial performance.
     Regulators: Monitoring corporate compliance with climate-related
    disclosure requirements.
     Public and NGOs: Advocating for corporate accountability and
    transparency regarding environmental impact.

    5. Reporting Requirements  Governance: Describe how governance structures support climate-


    related risk management.
     Strategy: Disclose how climate-related risks and opportunities may
    affect the business’s strategy and financial planning.
     Risk Management: Detail the processes for identifying, assessing,
    and managing climate-related risks.
     Metrics and Targets: Provide the metrics used to assess climate-
    related risks and disclose any targets for reducing GHG emissions or
    enhancing sustainability.

    6. Application and Practical  How Companies Use TCFD:


    Use  Many companies integrate TCFD recommendations into their
    annual reports and sustainability disclosures.
     They assess and manage climate-related risks and
    opportunities systematically, aligning them with corporate
    strategies.
     Real-World Examples:
     Unilever: Implements TCFD recommendations by setting
    science-based targets for reducing emissions and reporting
    on the impact of climate risks in its supply chain.
     BP: Utilizes the framework to disclose its transition strategy
    toward a net-zero future, detailing investments in renewable
    energy and efforts to reduce its carbon footprint.

    Conclusion
    The TCFD framework enhances corporate accountability and encourages businesses to adopt sustainable practices,
    fostering greater transparency and informed decision-making among stakeholders.

    Call to Action

    Companies are encouraged to adopt TCFD recommendations to improve their climate-related disclosures and
    contribute to global sustainability efforts.

    This structure can help guide your presentation, allowing you to delve deeper into each section as needed!

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