Annual report takes stock of progress made over the past year by the International Sustainability Standards Board (ISSB), by national and regional authorities, and by firms in making disclosures.
Sixth and final report from the Task Force on Climate-related Financial Disclosures (TCFD) assesses firms’ disclosure practices in terms of their alignment with the 2017 TCFD Recommendations.
Report presents progress and reviews actions taken by the International Sustainability Standards Board in developing the global minimum baseline disclosures standards as well as by individual jurisdictions and firms in improving climate disclosures.
The FSB supports the recommended approach by the Trustees of the IFRS Foundation to initially focus on standards for climate-related financial disclosures, as an important initiative to promote globally consistent disclosures and avoiding fragmentation.
