IIGCC response to the TCFD consultation 10th February 2017

Position paper

Investor practices programme

IIGCC response to the TCFD consultation 10th February 2017

02.02.17

On 14 December 2016, the G20 Financial Stability Board’s Task Force on Climate-Related Financial Disclosures (TCFD) issued its draft recommendations on climate-related financial disclosures and launched a 60-day public consultation that closed on 12 February 2017. This document sets out IIGCC’s formal response to this consultation, developed in discussion with members. This welcomes the critical work led by the TCFD, recognising it represents an important step forward in the harmonisation and wider adoption of greater climate-related disclosure by companies and financial actors, and suggests a number of potential improvements to the framework before the TCFD publishes its final report.