TCFD alignment
TCFD alignment
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.
Governance
Establishing internal policies and procedures to integrate climate factors, designing organizational controls and structures aligned with best practice.
Strategy
Developing climate-focused strategies or integrating climate into strategic planning and decision-making, at the Board level or operational level.
Risk management
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.