New knowledge hub helps companies implement TCFD recommendations

New knowledge hub helps companies implement TCFD recommendations

By Elisa Jiménez Alonso

The newly launched TCFD knowledge hub hosts a range of resources that help companies identify, analyse and report climate-related financial information. It was created to support the implementation of the Task Force on Climate-related Financial Disclosures (TCFD) recommendations and the development of high-quality, consistent and comparable climate-related financial disclosures.

The hub offers two main ways to access resources:

  1. Search the database to find a specific resource relating to the themes and topics covered in the TCFD recommendations.
  2. Be guided through the 4 thematic areas, the recommended disclosures and scenario analysis with helpful suggestions of the most relevant resources to start implementing the recommendations.

Acclimatise supported the launch of the TCFD Knowledge Hub by providing a range of relevant resources that are now available through the portal. We welcome this new library of resources supporting the adoption of the TCFD recommendations by a wide range of companies. As our CEO John Firth states “The ability of firms to embrace climate risks and opportunities, and factor them into strategic planning will not only improve their performance, but will create a more resilient banking sector and economy.”

Acclimatise is co-leading a United Nations Environment Programme – Finance Initiative (UNEP FI) project exploring climate-related risks and opportunities for financial institutions. The project has a Working Group of 16 leading international banks and will produce a harmonized methodology for banks that will help them strengthen their assessments and disclosure of climate-related risks and opportunities. A methodology providing guidance on physical climate risks and opportunities is currently being developed by Acclimatise and the banks and will be released in June.

Visit the TCFD Knowledge Hub: www.tcfdhub.org


Cover photo by Tobias Fischer on Unsplash

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