Leading Canadian and G7 Investors Come Together in Support of Global Development Initiatives
A group of leading global institutional investors have announced speeding up the implementation of uniform and comparable climate-related disclosures under the FSB-TCFD framework. Partner institutions will be acting on two fronts by:
- Setting up an advisory committee, made up of representatives of the partner institutions and assisted by outside consultants, that will assess existing efforts by various groups supporting the adoption of the TCFD recommendations, leverage these efforts into a unified approach, and publish sample guidance for other institutional investors in the next few years; and
- Promote the adoption of the FSB-TCFD recommendations with portfolio companies.