Climate-Related Financial Disclosures (TCFD)

This course is designed to equip participants with the knowledge and skills to understand and implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). As climate change risks become more critical to business operations and long-term sustainability, this course focuses on the role of financial disclosures in assessing and managing these risks. Participants will gain an in-depth understanding of how companies can report climate-related financial risks, focusing on the four core elements of TCFD: Governance, Strategy, Risk Management, and Metrics & Targets.

Course Benefits

• Improved Understanding of Climate Risks: Gain insights into climate-related risks and opportunities, and how they affect financial performance and stability.
• Enhanced Reporting Skills: Learn how to integrate climate-related disclosures into annual reports, improving transparency and compliance.
• Better Decision-Making: Equip yourself with the tools to make informed decisions about risk management and investment strategies related to climate change.
• Regulatory Compliance: Understand the growing global demand for climate-related financial disclosures and how to stay ahead of regulatory requirements.
• Leadership Skills: Develop the expertise to guide your organization in adopting and applying TCFD recommendations for a sustainable future.

Learning Outcomes

By the end of the course, participants will be able to:

1. Understand the TCFD Framework: Explain the purpose and components of the TCFD recommendations and their significance for financial reporting.
2. Assess Climate Risks: Identify and assess climate-related risks, including both physical and transition risks, and their impact on business and financial performance.
3. Integrate Disclosures: Learn how to effectively disclose climate-related information in line with TCFD’s Governance, Strategy, Risk Management, and Metrics & Targets.
4. Report on Metrics and Targets: Develop skills to report meaningful metrics, including greenhouse gas (GHG) emissions, and set science-based targets for reducing environmental impact.
5. Use Scenario Analysis: Understand how to apply scenario analysis to evaluate the potential impacts of climate change on a company’s financial performance.
6. Support Stakeholder Engagement: Communicate climate-related financial disclosures to stakeholders such as investors, regulators, and customers in a transparent and actionable manner.