Overview of the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)

Element

Recommendation

Chapter/section

Governance

Governance around climate-related risks and opportunities

Climate and environmental protection management approach

Strategy

Actual and potential impacts of climate-related risks and opportunities on the business (areas), strategy, and financial planning

Climate and environmental protection management approach

Risk Management

How the organization identifies, assesses, and manages climate-related risks

Climate and environmental protection management approach;
”Risk Management” (AR)

Metrics and Targets

Metrics and targets used to assess and manage relevant climate-related risks and opportunities

KPIs in chapter entitled ”Climate and Environmental Protection”