Better disclosures by investors enable clients, beneficiaries and other stakeholders to understand how climate change-related risks and opportunities are being assessed and managed by investors. These disclosures also increase the demand for more consistent, comparable, and reliable disclosure of climate-related information by companies and other entities. Better disclosures by companies and by investors are an important step in enabling market forces to drive the efficient allocation of capital and to support a smooth transition to a low-carbon economy.
Report in line with the TCFD’s recommendations
We have committed to improving our disclosures on the climate change-related risks and opportunities in our portfolios, in line with the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD) for asset owners and asset managers.