UNEP FI and investors to form leadership group to promote climate transparency by the investor community

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19 Mar, 2018

The UN Environment Finance Initiative (UNEP FI) together with nine investors from six countries have formed a leadership group to promote climate transparency by the investor community.

They will work together towards a first set of climate-related investor disclosures in alignment with the recommendations of the Financial Stability Board’s (FSB’s) Task Force on Climate-related Financial Disclosures (TCFD).

UNEP FI indicates:

The outputs and conclusions of this group will encourage and ease the adoption of the TCFD’s recommendations by the wider industry. The group will also closely coordinate with, and make its insights and outputs available to, the bigger networks of climate-savvy investors such as the Principles for Responsible Investment and the Institutional Investor Group on Climate Change whose new Investor Practices Programme is structured around the TCFD recommendations. It will also support and inform the global Investor Agenda through which the global investor community will display its ambition and determination to act on climate change.

A press release is available on the UNEP FI website here.

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