Published July 19, 2017 | Version v1
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TCFD: when corporate climate reporting takes on a strategic dimension. How far do companies have to go to meet the TCFD's recommendations? An application to the CAC 40

Description

Since 2014, and in an accelerated way since the success of COP21 and the adoption of the Paris Agreement in December 2015, the signals of greater consideration of climate issues by the private sector are multiplying. The involvement and commitment of the financial sector has been one of the main drivers of this development. In this context, the recommendations of the Task Force on Climate-Related Financial Disclosures represent a pivotal step in mobilizing the financial sector in the fight against climate change. A first publication reports an analysis of the TCFD's final report by explaining the content of the recommendations and the specifics of reporting for the 'high stake' sectors. A second publication presents the results of a study conducted with 36 companies (weighing nearly 95 pc of the CAC40 French stock market index), and aimed at assessing the compliance of their current reporting with the recommendations of the TCFD

Abstract (French)

Depuis 2014, et de facon acceleree depuis le succes de la COP21 et l'adoption de l'Accord de Paris en decembre 2015, les signaux d'une prise en compte renforcee des enjeux climatiques par le secteur prive se multiplient. L'implication et l'engagement du secteur financier ont ete l'un des principaux moteurs de cette evolution. Dans ce contexte, les recommandations de la Task Force on Climate-Related Financial Disclosures representent une etape charniere pour la mobilisation du secteur financier dans la lutte contre le changement climatique. Dans une premiere publication, Carbone 4 propose un decryptage du rapport final de la TCFD en explicitant le contenu des recommandations et les specificites de reporting pour les secteurs 'a fort enjeu'. Dans une seconde publication, Carbone 4 presente les resultats de son etude menee aupres de 36 entreprises, pesant pour pres de 95% du CAC40, et visant a evaluer la conformite de leur reporting actuel vis-a-vis des recommandations de la TCFD

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Additional details

Additional titles

Original title (French)
TCFD: quand le reporting climat des entreprises prend une dimension strategique. Quel chemin reste-t-il a parcourir par les entreprises pour repondre aux recommandations de la TCFD? Une application au CAC 40

Publishing Information

Imprint Pagination
26 p.
Report number
INIS-FR--22-0204

Optional Information

Notes
Available from the INIS Liaison Officer for France, see the INIS website for current contact and E-mail addresses