Best Practices in Low-Carbon Transition: UKEF shares their experience in implementing TCFD
Climate Working Group
Meg Nicolaysen, Head of Climate Change and Sustainability at UKEF, and member of the Berne Union Climate Working Group, gives an overview of their approach to TCFD (Task Force on Climate-Related Financial Disclosures) reporting.
The topics covered:
- Brief introduction of UKEF and its mission to deliver export financing and insurance sustainably and at no extra cost to the taxpayer
- TCFD framework for organisations, setting out recommended disclosures for governance strategy, risk management, metrics and targets
- UKEF’s TCFD implementation as part of the wider UK Government’s Green Finance Strategy set out in 2019 and includes making climate related financial disclosures in its 2021 - 22 Annual Report
- Benefits for implementing TCFD: supporting both domestic as well as international clients’ objectives, identifying and managing climate related risks, and assuring all stakeholders
Visit the link below to access the video on the BU CWG homepage.