Measuring Stakeholder Capitalism – The World Economic Forum

Climate change TCFD implementation

Fully implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). If necessary, disclose a timeline of at most three years for full implementation. Disclose whether you have set, or have committed to set, GHG emissions targets that are in line with the goals of the Paris Agreement to limit global warming to well-below 2C above pre-industrial levels and pursue efforts to limit warming to 1.5C and to achieve net-zero emissions before 2050

The TCFD recommendations are already established as the primary framework for disclosure of information on the management of climate related risks and opportunities in main annual filings. Elevating disclosure of metrics relating to people, planet, prosperity and principles of governance into main annual filings is a key objective of this initiative and we therefore lend our full support to broader adoption of the TCFD recommendations. Additionally, we emphasize the importance of GHG emissions targets that are in line with the goals of the Paris Agreement.

Recommendations of the Task Force on Climate-related Financial Disclosures, Final Report. CDSB R01, R02, R03, R04 and R06; SASB 110

Read more here:
Measuring Stakeholder Capitalism - The World Economic Forum