Task Force on Climate-Related Disclosures (TFCD) News

New Global Board for Corporate Sustainability Standards Gets Heavyweight Advisers

Former European Central Bank President Jean-Claude Trichet will head an advisory group on setting up a global board for sustainability-related company disclosures, the IFRS Foundation said on Monday. The new International Sustainability Standards Board (ISSB), due to be unveiled ahead …

European Corporations Given Guidance on Factoring Climate Risk in Financials

The European Bank for Reconstruction and Development has published guidance for companies reporting on the physical impact of climate change in their financial results. Concerns in the financial community that assets are being mispriced because climate risk is not being …