In June 2017, the Task Force on Climate-related Financial Disclosures (TCFD) presented its recommendations on reporting of climate-related information. The recommendations are aimed at both companies and investors.
AP2 supports TCFD’s recommendations and has begun work with their implementation. A report in accordance with TCFD’s framework provides information on: 1) how the climate issue is dealt with by the organisation’s governing body (the Board of Directors and management team), 2) what the organisation’s strategy is on climate change and the transition to a low-carbon society, 3) the organisation’s climate risks and opportunities and 4) which measurement values and goals the organisation is using.
In 2019, AP2 continued to implement the recommendations in its management and in various forums, urging companies and investors to report in accordance with TCFD’s framework. For more information go to www.fsb-tcfd.org/