Task Force on Climate-Related Financial Disclosures
The TCFD framework provides a structure for organisations to disclose climate-related risks and opportunities across four pillars: Governance, Strategy, Risk Management, and Metrics & Targets. In the UK, TCFD-aligned disclosures are mandatory for premium-listed companies and expanding to large private companies.
Who needs to comply
UK premium-listed companies, large private companies, LLPs, and FCA-regulated asset managers, owners, and life insurers
Premium-listed companies
All companies with a UK premium listing on the London Stock Exchange
Large private companies & LLPs
500+ employees and £500m+ turnover — required from April 2022
FCA-regulated firms
Asset managers, life insurers, and pension providers regulated by the FCA
Scope is expanding — check whether your organisation falls under upcoming phases.
What's required
The key disclosure and reporting requirements under TCFD.
Governance: Board and management oversight of climate-related risks
Strategy: Impact of climate risks and opportunities on business, strategy, and financial planning
Risk Management: Processes for identifying, assessing, and managing climate-related risks
Metrics & Targets: Metrics and targets used to assess and manage climate risks
Scope 1, 2, and 3 greenhouse gas emissions
Scenario analysis under different climate pathways
How Climatise automates TCFD compliance
From raw data to audit-ready report — fully automated.
Four-Pillar Framework
Structured workflows guiding you through Governance, Strategy, Risk Management, and Metrics & Targets.
Scenario Analysis Tools
Model financial impacts under 1.5°C, 2°C, and 4°C warming scenarios with built-in templates.
Emissions Metrics
Automated Scope 1, 2, and 3 calculations with intensity metrics aligned to TCFD recommendations.
Board-Ready Reports
Generate polished TCFD disclosures formatted for annual reports and investor communications.
Frequently asked questions
The Task Force on Climate-Related Financial Disclosures was established by the Financial Stability Board to develop consistent climate-related financial risk disclosures. Its four-pillar framework (Governance, Strategy, Risk Management, Metrics & Targets) is now embedded in UK and international regulation.
Yes. TCFD-aligned disclosures are mandatory for UK premium-listed companies, large private companies (500+ employees, £500m+ turnover), qualifying LLPs, and FCA-regulated asset managers and insurers. Requirements have been phased in since 2021.
The TCFD disbanded in October 2024 and its monitoring responsibilities were transferred to the ISSB. IFRS S2 fully incorporates the TCFD framework, so TCFD-aligned reporting now transitions into ISSB compliance.
Related regulations
Explore other frameworks Climatise helps you comply with.
Automate your TCFD compliance
From raw data to audit-ready TCFD report in minutes. See how Climatise can save your team weeks of work.
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