Climate disclosure: HSBC raises alarm over low levels of TCFD awareness

James Murray
clock •
Climate disclosure: HSBC raises alarm over low levels of TCFD awareness

New survey confirms ESG investment is now firmly in the mainstream, but understanding of new climate disclosure guidelines remains worryingly low

Less than 10 per cent of investors and companies are aware of the Taskforce on Climate-related Financial Disclosures (TCFD), which last year issued guidelines on how businesses should report on material...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now Try 7 day trial

 

Already a BusinessGreen
member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

Feeling stressed? Bank of England warns climate risks to become 'persistent drag' on profitability

UK SHORE: Government delivers fresh wave of clean maritime R&D funding

Most read
01

HSBC AM head of responsible investing: 'Who cares if Miami is six metres under water in 100 years?'

20 May 2022 • 3 min read
02

Not so moral money?

20 May 2022 • 11 min read
03

Reports: HSBC suspends responsible investing head after controversial climate speech

23 May 2022 • 2 min read
04

HSBC AM's 'head of irresponsible investment' condemned over climate speech

20 May 2022 • 3 min read
05

'Inaction is a far costlier choice': How 3C of climate warming could cost global economy $178tr

24 May 2022 • 6 min read

More on Investment

Why corporate climate reporting should be separated from ESG reporting
Management

Why corporate climate reporting should be separated from ESG reporting

Combining climate reporting and ESG reporting into the same workstreams can cause confusion and threaten progress where it is needed most, writes Manifest's Laura Zizzo

Cecilia Keating
Cecilia Keating
clock 27 May 2022 • 5 min read
Credit: iStock
Investment

Royal Mail, Co-op and Marks & Spencer pension schemes target net zero

British household names commit to halving emissions in their pension portfolios by 2030

Martin Richmond
clock 26 May 2022 • 2 min read
Rooftops in Jordanhill, West Glasgow | Credit: iStock
Policy

The UK's net zero target is under threat because there's no plan to pay for it

Building decarbonisation is critical to delivering a net zero Britain, but neither the Treasury nor Scottish government have set out a vision for how a mass green homes retrofit programme could be funded, writes Glasgow Caledonian University’s Keith Baker...

Keith Baker, Glasgow Caledonian University
clock 26 May 2022 • 4 min read