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TCFD published its status report last month, with further guidance across a number of topics: Metrics and Targets (with specific additional disclosures for the Financial Sector); insight on Transition Plans (a timely addition given the UK government announcement of mandatory disclosures for all UK banks and listed companies by 2023); and the relevance of GHG emissions.With the exponential growth of supporters - including more than one thousand Financial Institutions that represent cumulative assets of $194 trillion - TCFD has yet again raised the bar through injecting transparency and driving best practices. However, could they have been bolder in pushing boundaries to accelerate the maturity of the reports?
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