Thrive in the zero-carbon economy
We are moving to a zero-carbon economy. There will be radical changes. The climate will be less predictable and more severe and markets will transform.
Organisations who plan will grasp opportunities. In the midst of this disruption, new and sustainable business models will emerge.
There is a need to understand how the zero carbon transition will affect your business's licence to operate and its core revenue models.
Are you protecting your long-term value and planning ahead?
In response to the opportunities and risks of climate change, the Financial Stability Board, spearheaded by The Bank of England Governor, Mark Carney, set up the The Taskforce on Climate-related Financial Disclosures (TCFD).
The aim of the TCFD is to ensure that climate change and its impacts are understood by investors and to help companies transition to a low carbon economy. Early movers will likely be better positioned to effectively measure and evaluate their own opportunities and risks. They will also be ready to address growing demands from their investors.
The TCFD is currently voluntary, but there is increasing speculation that reporting in line with the TCFD recommendations will become mandatory. France and Sweden have already committed to implementing the TCFD recommendations into national law. The UK Government has officially endorsed the TCFD recommendations.
Initial analysis to get you started.
Verco is a listed supporter of the TCFD, has a 30 year track record and is a proven strategic advisor on climate-change to FTSE250 companies.
We can conduct a TCFD gap analysis. We will:
- Review your current climate strategy and disclosures
- Feed back to you on your likely gaps to meeting the TCFD requirements.
So that you can get started on projects which prepare for the future.
If you would like to know more about the TCFD, please get in touch.