Climate Transition Assessment
Featuring Shades of Green
What is the TCFD?
TCFD is the Task Force on Climate-related Financial Disclosures. It was formed by the Financial Stability Board, an international body that seeks to strengthen and protect global financial markets from systemic risks such as climate change. The TCFD recommendations provide guidance to all market participants on the disclosure of information on the financial implications of climate-related risks and opportunities so that they can be integrated into business and investment decisions.
Are you ready for TCFD?
Globally, TCFD support is increasing, with multiple jurisdictions seeking to mandate TCFD reporting. But for many, implementation is challenging. Take our short quiz to assess your readiness, and see how you stack up to your peers below.
Our Approach
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Quantify Your Baseline Carbon Footprint
Quantify your baseline carbon footprint
First, companies need to quantify carbon emissions across their value chains – including business operations, supply chains and downstream products in use. Financial institutions need to quantify carbon emissions linked to their capital allocation – it could be across companies in equity and debt portfolios or bank loan books, or investments in other asset classes such as infrastructure and real estate.
We help you to collect the business data you already have on carbon emissions and we provide carbon emissions data to accelerate the process and fill in data gaps.
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Apply Scenario Analysis
Apply scenario analysis
Our Trucost climate datasets and analytics inform scenario analysis of the financial impact of climate-related risks across different time horizons.
- Trucost physical climate risk data intelligence: pinpoint asset exposure to water stress, flooding, heatwave, cold wave, hurricane, wildfire and sea level rise under low, moderate and high climate change scenarios.
- Trucost carbon pricing risk data intelligence: assess exposure to operating costs and margins from more than 130 regional carbon pricing policies and future pricing scenarios.
- Trucost market risk data intelligence: assess carbon pricing risk exposure of customers and customer segments.
- Trucost technology risk data intelligence: assess technology risk exposure from business activities considered to be candidate sectors for substantial carbon mitigation.
- Trucost reputation risk data intelligence: assess a range of factors including emission profile, transition pathway alignment, climate disclosure and commitments.
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Identify Opportunities
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Set Targets
We help you set robust and science-based targets to strengthen your commitment to managing climate-related issues and align your strategy with the goal of the Paris Agreement to keep global temperature increases to well below 2 degrees Celsius.
Understanding by how much and how quickly you need to reduce carbon emissions to align with the Paris Agreement can help to engage internal stakeholders and inform low-carbon innovation.
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Engage and Report
We help you set robust and science-based targets to strengthen your commitment to managing climate-related issues and align your strategy with the goal of the Paris Agreement to keep global temperature increases to well below 2 degrees Celsius.
Understanding by how much and how quickly you need to reduce carbon emissions to align with the Paris Agreement can help to engage internal stakeholders and inform low-carbon innovation.
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How to manage increasingly complex and urgent climate-related risks and opportunities
The TCFD recommends the use of scenario analysis to assess climate-related risks and opportunities and asks companies to report on the extent to which adequate governance, strategy, risk management, and metrics and targets are in place to address climate issues.
Case Studies
Explore our case study collection to learn how our clients have tackled their most pressing ESG issues using S&P Global's essential intelligence data sets.
TCFD Journey
S&P Global
While global macroeconomic factors will certainly remain variable, S&P Global is well positioned to deliver both for our customers as well as our own sustainability commitments. The right data, insights, and resources are what companies will need to grow into the future.
Ewout Steenbergen
Executive Vice President, Chief Financial Officer