The Task Force on Climate-related Financial Disclosures (TCFD) was created by the Financial Stability Board to improve reporting of climate-related financial information.
Download our full Guide to TCFD
Who needs to comply?
From April 2022, TCFD is mandatory in the UK for those falling in one of the following categories:
- UK companies currently required to produce a non-financial information statement
- UK AIM companies with more than 500 employees
- UK companies which are not included in the categories above and have more than 500 employees and a turnover of more than £500m
- LLPs which have more than 500 employees and a turnover of more than £500m.