TCFD Alignment: The Shift To Mandatory Reporting


The complex nature of climate change will have far-reaching implications across all corners of the economy. As more data and scientific information becomes available on the rapidly worsening effect climate change is having on the planet, companies need to realise the implications of their actions. A large number of companies are playing catch-up and need to quickly incorporate climate change into their business strategies. Those that do not will be faced with the probability of their company being less resilient in the low-carbon economy, as well as less attractive to investors. Reporting on the financial impacts that climate change has on companies is the first step for organisations to incorporate climate change into their business practices.

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