This metric tracks whether the company reports on ESG matters using the Task Force on Climate-related Financial Disclosure (TCFD) framework, as measured in the last two calendar years.
TCFD explains that the “Financial Stability Board established the TCFD to develop recommendations for more effective climate-related disclosures that could promote more informed investment, credit, and insurance underwriting decisions and, in turn, enable stakeholders to understand better the concentrations of carbon-related assets in the financial sector and the financial system’s exposures to climate-related risks.”
TCFD’s disclosure recommendations are structured around “four thematic areas that represent core elements of how organizations operate: governance, strategy, risk management, and metrics and targets. These thematic areas are intended to interlink and inform each other.”
Optional – You can upload the full GRI reporting.