#ESG:Environmental/Social/Governance SASB TCFD

TCFD is abbreviation of Task Force on Climate-related Financial Disclosures

Michael Rubens Bloomberg as TCFD Chair is an American businessman, politician, philanthropist, and author. He is the majority owner and co-founder of Bloomberg L.P.. He was the mayor of New York City from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for president of the United States.(Source and copyright belongs to TCFD and Michael Rubens Bloomberg)



1. Climate change presents a financial risk to the global economy.
2. Financial markets need clear, comprehensive, high-quality information on the impacts of climate change. 
3. This includes the risks and opportunities presented by rising temperatures, climate-related policy, and emerging technologies in our changing world.

Source and copyright are belongs to TCFD

TCFD Recommendations Report Launch Event in London on December 14, 2014.

Founder of Bloomberg Limited Partnership and Bloomberg Philanthropies and Chair of the TCFD Michael Bloomberg gave opening remarks at the TCFD Recommendations Report Launch Event in London on December 14, 2014.

The TCFD encourages disclosure in four key categories of governance, strategy, risk management, and metrics & targets. Each category is further broken down into subcategories, of which there are 11 in total. Specific recommended disclosures range from information about how corporate boards are overseeing climate risk and opportunity, to a description of a company’s greenhouse gas emission targets, to climate-related scenario analyses.
The TCFD has developed a framework to help public companies and other organizations more effectively disclose climate-related risks and opportunities through their existing reporting processes.

TCFD and Covid-19

Choose Your Region