Task Force on Climate-related Financial Disclosures (TCFD)

Companies, decision makers and financial markets need clear, comprehensive, high-quality information on the impacts of climate change . With the adoption of the ordinance on mandatory climate disclosure, the Federal Council decided that large Swiss companies should follow the recommendations by the Task Force on Climate-related Financial Disclosures (TCFD). TCFD established a framework to adapt current business practice in terms of Governance, Strategy, Risk Management and Metrics and Targets. The initiative has quickly become the indisputable best practice standard designed to change companies’ management and reporting of risks and opportunities presented by rising temperatures, climate-related policy, and emerging technologies in our rapidly changing world.

Swiss Climate can assist you in the development and establishment of a company-specific climate disclosure that complies with the TCFD recommendations and is aligned with Swiss-specific legal requirements of the counterproposal to the Responsible Business Initiative (RBI). At Swiss Climate we can support you in the implementation of the TCFD recommendations across all thematic elements: Governance, Strategy, Risk Management and Metrics and Targets.

Your Benefits

• TCFD has broad buy-in from policymakers, international companies, investors and NGOs. Globally, it is seen as the best-practice guidance to integrate effective management of climate-related issues in your company.
• The recommendations lay out a clear-cut plan that helps companies to seize climate-related opportunities and manage associated business risks.
• With our experience in climate consulting services at Swiss Climate we can help you become a business leader in the transition to a low carbon economy and make best use of opportunities on your climate journey.
• In Switzerland, TCFD is part of the broader legal requirement of the counterproposal to the RBI on sustainability disclosure for larger companies.
• With our consulting expertise, we can further support you in aligning your sustainability reporting with the mandatory requirements on non-financial reporting, including other environmental topics, social topics, anti-corruption, respect for human rights and employee topics.

Contact us now for a no-obligation consultation. Our consulting services include the following areas, among others: