IFRS Foundation
TCFD Technical Mapping for Transition Plans
Pages
12
Time to read
15 mins
Publication
Language
English
Pages
12
Time to read
15 mins
Publication
Language
English
This technical mapping document outlines the relationship between the Task Force on Climate-related Financial Disclosures (TCFD) Recommendations and the TPT Disclosure Framework. It references the original TCFD Recommendations from 2017 and the subsequent updates made in 2021, including the Guidance on Metrics, Targets, and Transition Plans. The TPT Disclosure Recommendations are designed to complement the TCFD framework, providing additional guidance on effective climate transition planning. The document details how organizations can align their transition plans with TCFD Recommendations, emphasizing the importance of governance, strategy, and risk management in climate-related disclosures. It includes specific provisions for governance oversight, management roles, and the impact of climate-related risks on business strategies and financial planning. The mapping serves as a resource for entities to enhance their reporting practices in line with TCFD guidelines, ensuring comprehensive climate-related disclosures.