100 CEOs promise real climate risk disclosure
The drive to get companies to face up to the risk of climate change is gathering momentum. Firms with a combined market capitalisation of about $3.5tr have committed to support the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), which published its final report on Thursday.
Financial institutions responsible for about $25tr of assets have also committed to support the TCFD, a voluntary set of guidelines meant to be followed by all issuers and investors, whether or shares, bonds or loans.
These figures have grown since December, when the TCFD published its draft
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