Climate-related financial disclosure is an emerging issue that will soon
become an important part of the business and farming landscape.
- Dr Imogen Fullagar
Driven by concerns about climate change's impact on global financial stability, the Task Force for Climate-related Financial Disclosure (TCFD) was established in 2015 under the guidance of Michael Bloomberg. Their recommendations, released in 2017, aim to enable informed investment, credit, and insurance decisions while shedding light on carbon-related assets and climate-related risk
Dive into Dr. Imogen Fuller's latest article on Climate-related Financial Disclosure.
At the heart of the TCFD's recommendations lies the illumination of carbon-related assets and climate-related risks. By shedding light on these crucial elements, businesses and investors gain a comprehensive understanding of the challenges and opportunities posed by climate change. Armed with this knowledge, they can navigate the financial landscape with greater confidence and foresight.
As we navigate this era of climate-related financial disclosure, the TCFD's recommendations provide an invaluable framework for achieving financial prosperity while safeguarding our planet. Together, we can forge a brighter, more sustainable future.
To facilitate a seamless transition, the Australian Government has adopted a 'top-down' approach, making reporting mandatory for larger organizations first. By streamlining the reporting process, companies can request relevant information from their providers.
Climate-related financial disclosure presents lucrative commercial opportunities, but proactive engagement is key to capitalising on them. Businesses operating in the domestic economy must step up and embrace these opportunities for local ownership and advantage.
To learn more call Dr Imogen Fullagar today.
Join Dr Imogen Fullagar in building awareness of climate-related financial disclosure in Tasmania.
Dr. Imogen Fullagar, an independent Hobart-based social economist specializing in regional sustainability, in building a shared awareness of climate-related financial disclosure in Tasmania.
Contact Dr Imogen Fullagar via the form below, at email@example.com or 0423 149 497 to be part of a network of interest in building awareness.
Let's shape a sustainable future for Tasmania and beyond.