It has been eight months since the launch of global reporting guidelines aimed at helping companies and investors better prepare for climate change and the low carbon transition. The general consensus is that these crucial recommendations are gaining important traction. After all, since the release of the Taskforce on Climate-related Financial Disclosure (TCFD) guidelines, there has been a marked uptick in corporate and investor interest in both the proposed reporting best practices and the wider physical and economic climate impacts they address.
The TCFD guidelines already have won backing from hundreds of major corporates and investors, while the European Commission earlier this month unleashed a sweeping set of proposals aimed at further mainstreaming green finance, including…
