The Task Force on Climate-related Financial Disclosures (TCFD) was established in 2015 by the Financial Stability Board (FSB) to develop a set of voluntary, consistent, and globally accepted recommendations for companies to disclose climate-related financial risks and opportunities.
The TCFD framework helps organizations provide transparent, decision-useful information to investors, lenders, insurers, and other stakeholders on how climate change impacts their financial health, strategy, and resilience.
The TCFD recommendations are structured around four key thematic areas:
By aligning with the TCFD, organizations can:
Now widely supported by regulators, investors, and governments around the world, TCFD is a cornerstone of climate-related financial disclosure and a stepping stone toward climate-resilient business strategies.
The Carbon Disclosure Project (CDP) is a global non-profit organization that runs the world’s leading environmental disclosure system. Founded in 2000, CDP supports companies, cities, states, and regions in measuring, managing, and transparently disclosing their environmental impacts—focusing on climate change, water security, and deforestation.
CDP provides a standardized platform for organizations to disclose data on:
Thousands of companies and institutions worldwide report through CDP annually, making it one of the most comprehensive sources of self-reported environmental data globally. CDP data is used by investors, customers, and policymakers to assess environmental risks and sustainability performance.
By reporting through CDP, organizations can:
CDP empowers organizations to turn environmental risks into business opportunities while contributing to a low-carbon, sustainable future.
The Science Based Targets initiative (SBTi) is a global collaboration that helps companies set greenhouse gas (GHG) emissions reduction targets in line with climate science and the goals of the Paris Agreement—to limit global warming to well below 2°C, and ideally to 1.5°C above pre-industrial levels..
Launched in 2015, the SBTi is a partnership between:
The initiative provides companies with:
By committing to science-based targets, organizations demonstrate leadership in climate action, enhance resilience, unlock innovation, and align business growth with a net-zero future.
With hundreds of companies worldwide already on board, the SBTi is rapidly becoming the global standard for credible, science-driven climate commitments.
The Greenhouse Gas (GHG) Protocol is the globally recognized standard for measuring, managing, and reporting greenhouse gas emissions. Developed through a partnership between the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD), the GHG Protocol provides a comprehensive framework that enables organizations to understand and reduce their climate impact.
Widely used across sectors and regions, the GHG Protocol establishes:
The GHG Protocol serves as the foundation for many global climate initiatives and frameworks, including:
By adopting the GHG Protocol, organizations gain a credible, consistent, and transparent method to track their emissions, identify reduction opportunities, and demonstrate their commitment to climate action and sustainability leadership.
The Carbon Border Adjustment Mechanism (CBAM) is a landmark climate policy introduced by the European Union (EU) to address carbon leakage and ensure a level playing field for industries committed to reducing greenhouse gas emissions. CBAM is designed to apply a carbon price on imports of certain carbon-intensive goods, aligning them with the EU’s internal carbon pricing under the EU Emissions Trading System (EU ETS).
CBAM Certification is a key compliance requirement under this mechanism. It ensures that non-EU manufacturers and importers accurately report the embedded carbon emissions in their products and, where applicable, purchase CBAM certificates to cover these emissions.
CBAM initially targets high-emission sectors such as:
The mechanism encourages exporters to the EU to adopt cleaner technologies, monitor and reduce emissions, and align with global climate objectives. It also incentivizes climate-friendly production methods across the global supply chain.
By obtaining CBAM Certification, companies can: