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ESG & Sustainable Finance

TCFD

Also called: Task Force on Climate-related Financial Disclosures, TCFD reporting

TCFD set the template for climate disclosure across four pillars — governance, strategy, risk management, and metrics and targets — including scenario analysis. It began voluntary and became mandatory in several jurisdictions, and its framework has been absorbed into the ISSB's global standards. Its lasting contribution is framing climate as a financial reporting matter rather than a corporate responsibility one.

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