Taskforce on Climate-related Financial Disclosures
Present your company's Climate Strategy to stakeholders and investors in a clear, comparable, and consistent way!
Companies adhering to the TCFD must share the information to investors and stakeholders, who needs to correctly assess climate-related risks and opportunities.
Thanks to the IMPACT TCFD module, you can report all activities, as objectives and metrics, in relation to ESG Risks and Opportunities.
You can constantly monitor your own sustainability and automatically create a TCFD report ready to be shown to the stakeholders.
How the climate-related Financial Disclosure works
The Climate-related Financial Disclosure is structured around 4 major thematic areas which describe:
Governance
- Board oversight of climate-related risks and opportunities;
- The role of management to assess the climate-related risks and opportunities.
Strategy
- The risks and opportunities related to the climate that the company has identified in the short, medium and long term;
- The impact of climate-related risks and opportunities on the company's business, strategy and financial planning;
- The resilience of the company's strategy in different climate scenarios - including +2°C or lower.
Risk Management
- The organizational processes to manage and estimate climate-related risks;
- Organizational processes to manage climate-related risks;
- How the organizational processes to manage climate-related risks are integrated into the company's overall risk management.
Metrics & Goals
- Report on the metrics used by the company to assess climate-related risks and opportunities.
- Report Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas emissions and related risks;
- Describe the objectives adopted by the company in order to manage climate-related risks and opportunities and evaluate the performance against these objectives.