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Transcript

October 2021

The UK announces it will make TCFD mandatory for over 1,300 firms.

June 2021

G7 finance ministers publicly support “moving towards mandatory climate-related financial disclosures”.

TCFD early adoption to incorporation within ISSB

March 2021

IASB announces the strategic direction of a new International Sustainability Standards Board.

April 2022

Over 1,300 of the UK's largest companies and financial institutions were required to disclose climate-related risks and opportunities in line with the TCFD recommendations.

The FSB announces work with the TCFD has been completed. ISSB's Standards mark the culmination of work.

April 2023

January 2024

IFRS Foundation welcomes culmination of TCFD work and transfer of TCFD monitoring responsibilities to ISSB