The Task Force on Climate-related Financial Disclosures (TCFD) framework provides a standard approach for companies to disclose climate-related risks and opportunities.
Building on our strong commitment to transparency and sustainability reporting, we have aligned our reporting according to the recommendations of the framework. Our new webpage serves as an index connecting each of the TCFD recommendations to relevant Resolute disclosures.
Released in 2017, the TCFD framework was designed by a global task force whose members were selected from various organizations by the Financial Stability Board. Members included banks, insurance companies, asset managers, pension funds, large non-financial companies, accounting and consulting firms and credit rating agencies. The framework is structured around four thematic areas: governance, strategy, risk management, and metrics and targets.
Stakeholders familiar with our greenhouse gas reduction goals – validated by the Science Based Targets initiative (SBTi) in 2022 – and our annual disclosure reports to CDP – a globally-renowned, non-profit framework – will recognize some of the information in our TCFD index.
By organizing our existing disclosures according to TCFD, we are contributing to the development of a widespread global standard for reporting climate-related risks and opportunities.
Visit our new TCFD webpage here.
Source: The Resolute Blog