TCFD status report shows continued high growth of use

Here’s the Status Report of the FSB Task Force on Climate-related Financial Disclosures (TCFD). As noted by Andreas Posavac in this note:

– Currently 2616 TCFD supporters, up 72% over the last 3 years
– AuM’s covered under TCFD almost doubled from $100 trillion to $194 trillion since 2018
– UK and US lead the way in terms of absolute support, both with around 60,000 users
– Increased and renewed support from standard setters and regulators including G7, G20, Financial Stability Board, IFRS Foundation, International Organization of Securities Commissions (IOSCO), Global Reporting Initiative (GRI), CDP, European Union