Webdeveloping a common understanding of portfolio alignment metrics • The introduction of transition plans as a component of strategy disclosures We have a few recommendations and comments that we believe could enhance the current proposals. Our recommendations focus on the areas of portfolio alignment, transition plans, metrics and target setting. WebThe TCFD has updated its guidance to cover disclosing alignment with the Paris Agreement, with best practice outlined in a report by a team of experts Key points TCFD now states …
Canada Climate Law Initiative
WebThere is some alignment to the TCFD* framework, but there is a lack of standardization in terms of scope across jurisdictions. *TCFD is the Task Force on Climate-Related Financial Disclosures. Activity 4: Regulatory obligations . Input: Corporate strategy documents; Compliance registry or internal governance, risk, and compliance (GRC) tool WebThe Task Force on Climate-related Financial Disclosures WHAT THIS PAPER IS: The Task Force conducted a public consultation from October 29, 2024–January 28, 2024, to gather feedback on potential forward-looking metrics for financial institutions. In conjunction with this consultation, the Portfolio Alignment Team (PAT) issued a report in 2024 titled … css flexbox center div
Decision-Usefulness of Companies’ TCFD Disclosures Lacking: …
Webwe support the TCFD-commissioned work on portfolio alignment tools, presented in the Portfolio Alignment Team’s report published today. It provides useful technical hints to help asset owners think how to measure investment-related climate neutrality, and will reduce the risks of greenwashing associated with loosely defined ITR models. WebThe Paris Agreement Capital Transition Assessment (PACTA) is a free, open-source methodology and tool, which measures financial portfolios' alignment with various climate scenarios consistent with the Paris Agreement. Downloads Full report Share 2° Investing Initiative Transfers Stewardship of PACTA to RMI WebIn 2024 the Task Force sought public comment on two documents: Proposed Guidance on Climate-related Metrics, Targets, and Transition Plans and the Portfolio Alignment … css flexbox background color