Organisations Should Use Existing Climate Scenario Analysis or Develop Their Own, Says TCFD

SOURCE: Bloomberg

DESCRIPTION:

Companies should use a range of existing, publicly-available climate-related scenario analysis or develop their own in order to assess the risks posed to their business by climate change, according to the Financial Stability Board (FSB) Task Force on Climate-Related Financial Disclosures (TCFD).

TCFD says companies should consider risks posed to their businesses by the world transitioning, in varying degrees, to a low-carbon economy, as well the physical risks posed by a warmer planet.

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Tweet me: Organisations should use existing climate scenario analysis or develop their own, says @fsb_tcfd http://bit.ly/2hLs23t #tcfdrecs

KEYWORDS: Finance & Socially Responsible Investment, Energy, tcfd, Task Force on Climate-related Financial Disclosures, esg, investors, policy, stranded assets, Bloomberg

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