Natural Gas Daily Europe Policy & Regulation
Pressure on for companies to report climate risks7 July 2017
Global oil and gas companies are coming under increasing regulatory pressure to disclose how climate change will affect their businesses.
The Task Force on Climate-related Financial Disclosures (TCFD), a wing of the G20’s Financial Security Board, published recommendations in mid-June for companies and investors to report risks to their business posed by the changing climate. The recommendations are non-binding but have become a global benchmark text on the issue, endorsed by international investment giants and companies.
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