We have developed a TCFD Compliance Pathway to support companies in implementing the recommendations, stepping from understanding current state, setting objectives, planning and prioritizing, implementation, and ongoing improvement. The TCFD recommendations aim to create more transparency around climate risk, while providing a standard framework around four pillars of disclosure.
Implementing or aligning Risk Management Frameworks with climate risk, setting risk limits, develop risk monitoring systems, scenario analysis for stress testing.
Data collection and reporting
Identifying and reporting on key metrics and KPIs, understanding and accessing existing data, and establishing processes to access additional data.