The final report follows on a con­sul­ta­tion document published in December 2016. The con­sul­ta­tion document saw 320 unique responses from re­spon­dents in 30 countries, including 15 of the G20 ju­ris­dic­tions. The four widely adoptable rec­om­men­da­tions on cli­mate-re­lated financial dis­clo­sures that are ap­plic­a­ble to or­gan­i­za­tions across sectors and ju­ris­dic­tions were widely supported and remain unchanged:

• Gov­er­nance: Dis­clo­sure of the organization’s gov­er­nance around cli­mate-re­lated risks and op­por­tu­ni­ties
• Strategy: Dis­clo­sure of the actual and potential impacts of cli­mate-re­lated risks and op­por­tu­ni­ties on the organization’s busi­nesses, strategy, and financial planning
• Risk man­age­ment: Dis­clo­sure of how the organization iden­ti­fies, assesses, and manages cli­mate-re­lated risks
• Metrics and targets: Dis­clo­sure of the metrics and targets used to assess and manage relevant cli­mate-re­lated risks and op­por­tu­ni­tiesThe following ad­di­tional in­for­ma­tion is available on the FSB website:
• Key features of the rec­om­men­da­tions are that they are adoptable by all or­gan­i­za­tions, should be included in main­stream financial filings, are designed to solicit de­ci­sion-use­ful, for­ward-look­ing in­for­ma­tion on financial impacts, and have a strong focus on risks and op­por­tu­ni­ties related to the tran­si­tion to a lower-car­bon economy. The TCFD also rec­om­mends the dis­clo­sure of potential impacts of cli­mate-re­lated risks and op­por­tu­ni­ties under different potential scenarios, including a 2° Celsius scenario.

• Final report Rec­om­men­da­tions of the Task Force on Cli­mate-re­lated Financial Dis­clo­sures
• Press release
• Summary of the feedback received on the con­sul­ta­tion document