To mitigate such risks, through the provision of relevant information to the market, the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD) published recommendations for climate-related disclosures by companies in 2017.
Research undertaken by a team from the University of Sydney examined the challenges corporate entities face in seeking to measure and disclose their climate-related financial risks, as well as the challenges investors face in analysing such risks.
The findings indicate that demand for climate-related financial disclosures is