Green and Sustainable Finance Cluster Germany – TCFD Think Tank Short Briefs
Published: Green and Sustainable Finance Cluster Germany, Frankfurt School of Finance & Management, PwC Germany, d-fine and right. based on science.
The Task Force on Climate-related Financial Disclosures (TCFD), led by industry, has drawn up recommendations for voluntary and consistent disclosure of climate-related information. Globally, the TCFD recommendations are now regarded as key guidelines. Numerous companies have committed themselves to their implementation. However, questions remain on their practical implementation.
In its TCFD think tank, the GSFCG seeks to answer those questions in cooperation with Frankfurt School of Finance & Management, PwC Germany, d-fine and right. based on science. Four workshops with selected practitioners from the financial sector helped to develop an in-depth understanding of the implementation of the TCFD recommendations.
The knowledge gained is now available to the interested public, in particular financial institutions, in the form of short briefs. They are tailored to practical needs show that new structures are needed, that a multi-level approach should be pursued and that expertise needs to be built up in specialist fields such as physical effects of the climate crisis.
