Panel Discussion - Disclosure, Reporting, and the Benefits of Cohesive Initiatives: How can Investors Navigate the Lack of Standardised Reporting?

Improving climate disclosures enables investors to better allocate capital and enhances corporate focus on the risks - and opportunities - climate change will bring about. Failure to meet investor demands can threaten a company's ability to raise finance leaving it vulnerable to physical climate threats, slow to capitalise on opportunities, and potentially exposed to punitive action from regulators. Task Force on Climate-Related Financial Disclosures (TCFD) has provided a unifying framework to identify, manage, and detail those risks and opportunities around which other disclosure benchmarks are coalescing.  

· Can disclosure reporting protect against the financial shocks seen in the past 18 months?  

· Benefits of stress testing and adopting TCFDs 

· How useful is the framework for asset managers?

• Advancing TCFD guidance on physical climate risks and opportunities
• Accurately reporting climate impacts, risks, and opportunities - forward scenario planning
• Challenges of TCFD reporting across different asset classes
• Examining the alignment of physical climate risks with various reporting frameworks 
• Transparency and the need for a standard global taxonomy