As the financial system shifts from a primarily voluntary to a more regulated disclosure paradigm, TCFD has proven to be one of the most important means by which data is gathered and communicated.
Standardizing ESG scores is tough when investors use them differently, from maximizing financial returns to reducing volatility to achieve environmental or social goals.
The CEOs of three of the world’s biggest financial institutions address recent evolutions in capital markets to address environmental, social and governance issues.
Companies are still failing on one of the most important recommendations from the Task Force on Climate-related Financial Disclosures: using scenario analysis to project the impacts of future risks on their resilience and strategy.