The Task Force on Climate-Related Financial Disclosures (TCFD) started in 2015 as a voluntary initiative with the backing of global financial leaders. The initiative was designed to be broad and inclusive, and aimed to bring a strategic focus to climate management in the financial world. Since then, the initiative has taken root with local regulators, proxy advisors and investors around the world. Indeed, the TCFD has become a baseline requirement for most listed corporations. Looking at the different regulations in the table below indicates the global nature of this trend. Regulators...
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