The Task Force on Climate-related Financial Disclosures (TCFD) is an initiative established to develop consistent climate-related financial risk disclosures that can help investors, lenders, and insurance underwriters understand the financial implications of climate change. It aims to provide a framework for companies to disclose information about their governance, strategy, risk management, and metrics related to climate-related risks and opportunities. By promoting transparency and consistency in reporting, the TCFD supports informed decision-making by stakeholders regarding corporate environmental responsibility and sustainability.
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