Publications
Newly released
2022 Status Report (October 2022)
The latest TCFD Status Report describes the steady increase in climate-related financial disclosures since 2017.
This report is also available in the following language:
Simplified Chinese
Introductory materials
The Financial Stability Board created the Task Force on Climate-related Financial Disclosures (TCFD) to improve and increase reporting of climate-related financial information.
Workshops in a Box is a set of five presentations for use in introductory workshops on the TCFD recommendations to help support adoption and implementation. The first workshop presentation provides an introduction to the TCFD and an overview of the four TCFD recommendations for climate-related financial disclosure. The remaining four workshop presentations provide more details on each of the TCFD recommendations, including example disclosures.
Download TCFD Fundamentals Workshop
Download Governance Workshop
Download Strategy Workshop
Download Risk Management Workshop
Download Metrics and Targets Workshop
Recommendations
The 2017 TCFD recommendations report outlines the TCFD framework for reporting climate-related financial information.
This report is also available in the following languages:
Simplified Chinese, Traditional Chinese, Korean, Japanese, Spanish and Portuguese.
Implementation guidance
The 2021 TCFD “Annex” updates and supersedes the 2017 version of Implementing the Recommendations of the Task Force on Climate-related Financial Disclosures. It provides both general and sector-specific guidance on implementing the Task Force’s disclosure recommendations. Updates reflect the evolution of disclosure practices, approaches, and user needs.
This report is also available in the following languages:
Japanese
This presentation provides a description of changes made to the TCFD Annex in 2021.
The 2017 TCFD “Annex” provides both general and sector-specific guidance on implementing the Task Force’s disclosure recommendations. The 2017 version has been superseded by the 2021 Annex.
This report is also available in the following languages:
Simplified Chinese, Korean and Portuguese.
TCFD status reports
The latest TCFD status report describes progress on climate-related disclosure and TCFD implementation efforts, insights, and challenges.
This report is also available in the following languages:
The 2020 status report describes progress on climate-related disclosure and TCFD implementation efforts, insights, and challenges.
The 2019 status report describes progress on climate-related disclosure and TCFD implementation efforts, insights, and challenges.
The 2018 status report describes progress on climate-related disclosure and TCFD implementation efforts, insights, and challenges.
Additional supporting guidance
The Metrics, Targets, and Transition Plans guidance describes recent developments around climate-related metrics and users’ increasing focus on information describing organizations’ plans for transitioning to a low-carbon economy. The guidance also describes a set of cross-industry, climate-related metric categories that the Task Force believes all organizations can disclose.
This report is also available in the following languages:
This 2020 guidance is intended to assist non-financial companies interested in using climate-related scenarios as part of their efforts to implement the Task Force’s recommendations. The scenario analysis guidance provides practical, process-oriented ways for companies to use climate-related scenario analysis and ideas for disclosing the resilience of their strategies to different climate-related scenarios.
This report is also available in the following language:
Simplified Chinese
This 2020 guidance is aimed at companies interested in integrating climate-related risks into their existing risk management processes and disclosing information on their risk management processes in alignment with the Task Force’s recommendations.
This report is also available in the following language:
Simplified Chinese
The Technical Supplement advises companies on conducting climate-related scenario analysis, a fundamental TCFD recommendation that helps companies plan for resilience.
This report is also available in the following language:
Simplified Chinese
Other materials
This document summarizes responses to the Task Force’s survey of asset managers and asset owners on the reporting of climate-related information to their clients and beneficiaries, held from February to March 2022.
This document summarizes responses to the Task Force’s survey on companies’ implementation of the TCFD’s recommendations over the past five years, as well as investors and others’ views on the usefulness of climate-related financial disclosures, held from March to May 2022.
This document summarizes responses to the Task Force’s public consultation on metrics, targets, and transition plans, held from June to July 2021.
In 2021 the Task Force sought public comment on two documents: Proposed Guidance on Climate-related Metrics, Targets, and Transition Plans and the Portfolio Alignment Team’s Measuring Portfolio Alignment: Technical Supplement. The public consultation closed on July 18, 2021.
Proposed Guidance on Climate-related Metrics, Targets, and Transition Plans
This document summarizes responses to the Task Force’s public consultation on forward-looking climate-related metrics for the financial sector, held from October 2020 to January 2021.
The Task Force conducted this public consultation to gather feedback on various forward-looking climate-related metrics for the financial sector, including usefulness and challenges. The public consultation closed on January 28, 2021.
This document provides a summary of the changes made to the TCFD report and Annex in response to feedback to the December 2016 public consultation on the draft TCFD report and Annex.
This presentation provides a summary of the feedback received in response to the Task Force’s December 2016 public consultation on the draft TCFD report and Annex.
The Task Force issued this draft report and recommendations for public consultation in December 2016.
The Task Force issued this draft annex, which provides guidance to help companies implement its recommendations, for public consultation in December 2016.
The Task Force issued this draft technical supplement, which provides information and resources on climate-related scenario analysis, for public consultation in December 2016.
The Task Force issued this Phase I report in March 2016 to outline its scope, objectives, and approach for the development of its recommendations for effective climate-related financial disclosure.
View all Task Force documents, including draft reports and early publications, in the report archive.