Firms still making too few climate disclosures, task force says
TFCD report highlights rapid rise in firms backing disclosure, but says fewer are taking action
Many firms are failing to make sufficient financial disclosures on climate change, despite paying lip service to doing so, a report by an industry-led group finds.
The report by the Task Force on Climate-Related Financial Disclosures (TCFD) is published by the Financial Stability Board. It says the number of firms backing its disclosure framework has increased by 85% to over 1,500 organisations in the past 15 months.
Michael Bloomberg, chair of the TCFD, wrote that support had exceeded the
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