TCFD Implementation Guide

Using SASB standards and the CDSB framework to enhance climate-related financial disclosures in mainstream reporting.

In June 2017, the Task Force on Climate-related Financial Disclosures (TCFD) published recommendations for climate-related financial risk disclosures in mainstream corporate filings. More than 600 organisations have publicly expressed support for the recommendations but many have cited a need for practical guidance on how to implement them. The Climate Disclosure Standards Board (CDSB) and the Sustainability Accounting Standards Board (SASB) have come together to provide an effective solution for TCFD implementation by organisations worldwide with the release of the TCFD Implementation Guide.

Drawing on each organisation's already well-established reporting frameworks, this "how-to" guide takes the TCFD recommendations from principles to practice by illustrating what good practice could look like through the use of mock disclosures from across multiple sectors.

Download the TCFD Implementation Guide.

The guidance adheres to the following structure:

Overview: An overview of the TCFD, SASB, and CDSB, and the drive for effective corporate climaterelated disclosures;

Getting Started: Key action steps to help companies lay the groundwork for effective climate-related disclosures;

Good Practice Disclosure: Sample disclosures and accompanying discussion to provide companies with a practical understanding of the four core elements of the TCFD recommendations and their specific disclosures; and

Looking Ahead: A summary of how the CDSB Framework and SASB standards represent a clear solution to TCFD implementation, and areas of future focus.

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