IN CONVERSATION: Demystifying TCFD and taking a practical approach to reporting climate change risks and opportunities

BusinessGreen staff
clock • 1 min read

BusinessGreen talks to the Carbon Trust's Dominic Burbridge to explore how companies can practically use the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) to better understand and report on the climate risks and opportunities they face

Expectations are changing around how large companies report their climate change risks and opportunities. Investors, central banks, and governments are waking up to the fact that climate change could have a significant impact on the global economy and pose a systemic risk to financial stability. This means that companies across all sectors now need to demonstrate a more detailed understanding of these issues and improve their disclosures.

We spoke with the Carbon Trust's Dominic Burbridge to understand what this means in practical terms, especially for companies that are not highly exposed to climate change or operate outside of carbon-intensive sectors. He shares insights from the Carbon Trust's work with a range of large corporates across different industries, including FTSE100 and Fortune 100 companies, to explain how leaders are starting to adopt the recommendations of the TCFD to better meet investor expectations and unlock competitive advantage from acting on climate change.

More on Management

The best of BusinessGreen Intelligence in 2024

The best of BusinessGreen Intelligence in 2024

From bringing 'nature' into the boardroom and 'Ecokamasutra', to lessons in climate optimism from the Biden and Obama administrations - here are 10 of the top features from BusinessGreen Intelligence in 2024

BusinessGreen staff
clock 30 December 2024 • 4 min read
Katy Zack: 'Progress isn't linear - and that's okay'

Katy Zack: 'Progress isn't linear - and that's okay'

Head of sustainability at start-up bank Griffin reflects on how each cycle of climate 'progress and retreat' has taught her resilience, and the value of being a stubborn middle child

Stuart Stone
clock 24 December 2024 • 5 min read
Sustainability professionals were shaken but resolute in 2024 - the year ahead will be more challenging

Sustainability professionals were shaken but resolute in 2024 - the year ahead will be more challenging

Companies are struggling against political headwinds - will persistence overcome resistance in 2025?

Joel Makower, Trellis
clock 20 December 2024 • 5 min read