Firms still making too few climate disclosures, task force says

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Michael Bloomberg

Michael Bloomberg, TCFD chair

Many firms are failing to make sufficient financial disclosures on climate change, despite paying lip service to doing so, a report by an industry-led group finds.

The report by the Task Force on Climate-Related Financial Disclosures (TCFD) is published by the Financial Stability Board. It says the number of firms backing its disclosure framework has increased by 85% to over 1,500 organisations in the past 15 months.

Michael Bloomberg, chair of the TCFD, wrote that support had exceeded the

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