TCFD Report Launch: Key Comments from Carney, Bloomberg, Schapiro, Lindeijer

Dec 15, 2016 8:25 PM ET

Bank of England Governor and Chair of the Financial Stability Board Mark Carney has said the newly released report from the Task Force on Climate Related Financial Disclosures (TCFD) represents a breakthrough in managing the risks and opportunities related with climate change.

Speaking this week at the launch of the report, held at the Tate Modern gallery that is housed in a former oil-fired power station, Carney said it provided a disclosure framework that is sufficiently comprehensive for use by all publicly listed companies, whatever their sector, to account for the full set of climate related risks and opportunities they face.

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