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TCFD (Task Force on Climate-related Financial Disclosures)

Carbon & Climate
The TCFD was established by the Financial Stability Board in 2015 to develop recommendations for climate-related financial disclosures. Its four-pillar framework — Governance, Strategy, Risk Management, and Metrics & Targets — has been adopted globally. TCFD recommendations are now embedded in ISSB Standards (IFRS S2), UK listing rules, BRSR Core, and multiple national regulations. The TCFD disbanded in 2024, transferring monitoring to the ISSB/IFRS Foundation.

Related Terms

ISSB (International Sustainability Standards Board)Climate RiskScenario AnalysisIFRS S2 (Climate-related Disclosures)

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