- The FSB currently assessing the channels through which physical and transition risks impact the financial system
- FSB welcomed the publication of the 2020 status report by the industry-led TCFD
- TCFD established by the FSB in 2015 to develop a set of voluntary, consistent disclosure recommendations for use by companies
- The industry members of the TCFD, who drawn from a wide range of industries and countries from around the globe
- Nearly 60% of the world’s 100 largest public companies support the TCFD a report in line with the TCFD recommendations or both
- The TCFD recommendations support greater consistency in climate-related risk disclosures by companies around the world
