FOR IMMEDIATE RELEASE:TUESDAY, MAY 1, 201811.15AM ET, 4.15PM BST, 5.15PM CET, 11.15PM HKTTCFD and CDSB Launch Knowledge Hub to Help Organizations Implement theTCFD Recommendations
The first online platform dedicated to the latest resources, tools and insights on the TCFD
recommendations.
New York, May 1, 2018 – Today the Task Force on Climate-related Financial Disclosures (TCFD) and the Climate
Disclosure Standards Board (CDSB) announced the launch of the TCFD Knowledge Hub – a platform with relevant
insights, tools and resources to help organizations implement the TCFD recommendations – at the TCFD U.S.
Scenario Analysis Conference in New York.
The TCFD Knowledge Hub, live at tcfdhub.org, is the first online platform to provide useful information on quality
climate-related disclosures in line with the recommendations of the Task Force. At the time of its launch theKnowledge Hub houses over 300 resources submitted by 32 contributors. Eighty of the resources cover
governance, 236 strategy, 152 risk management and 125 metrics & targets with many resources covering morethan one topic specifically. Contributors range from non-profit organizations to intergovernmental institutions,academics, industry associations, consultants and corporates. The Knowledge Hub website is operated by CDSB,
which reviews all resource submissions.
Resources include existing legislation and regulations, frameworks, standards, guidance, research papers, tools andwebinars. All resources either directly address the TCFD recommendations or are related to themes or specificrequirements within the TCFD recommendations. Resources are tagged according to which TCFD recommendation
they relate to, their geographical or sector focus, intended audience, source type, and can be filtered byrecommendation or resource type. Climate-specific topics, e.g. helping companies to measure the physical risks ofclimate change are supplemented by broader finance-specific topics, such as guidance on traditional financial
reporting.
Companies interested in learning more about the TCFD recommendations and exploring how to implement theguidance can benefit from the TCFD Knowledge Hub as a peer-to-peer learning platform, learning from and sharing
their climate-related disclosure experience with others. In the coming months the TCFD Knowledge Hub will be
updated with company case studies showcasing the first preparers piloting the TCFD recommendations, as well as
upcoming events and additional videos.
Mary Schapiro, Special Advisor to the TCFD Chair and Head of the TCFD Secretariat, said: "Since the launch of theTask Force we have emphasized that improved climate-related disclosure is a journey. With the disclosure
recommendations finalized last June, we have been working to assist companies and sectors with implementing
the recommendations and making climate-related financial disclosures a reality. The TCFD Knowledge Hub will
make it easier for companies to take the steps necessary to provide transparency to the capital markets about how
the company identifies, measures, manages and mitigates climate-related financial risk. With more companies
providing case studies and best practices others will follow suit."

Simon Messenger, Managing Director, Climate Disclosure Standards Board, commented: "The Knowledge Hubprovides the ideal platform for companies to gain insights on ways to implement the recommendations, learn fromothers and share their experiences. The Hub is designed to help both organizations that are just starting to work onthe TCFD recommendations, as well as those who are already on the journey and need insightful resources to deal
with specific challenges. As the focus of reporting shifts towards a clear financial angle, we expect to see
organizations continue to develop new resources and provide examples of how to embed climate-related matters
into their strategy, their governance processes and wider internal processes and how to integrate climate-related
information into enhanced reporting practices."
KPMG Senior Manager of Sustainability Services and TCFD Knowledge Hub contributor Christian Hell, added: "It isimportant for businesses to have a single place where they can find everything they need to implement the TCFD’s
recommendations. The TCFD Knowledge Hub does just that – it connects reporting companies with the resources
they need. KPMG was therefore glad to contribute resources such as our Climate Risks and Opportunities Platform,
which helps businesses start their journey towards a climate resilient business model."With access to a platform of climate-related disclosure resources companies will be able to more easily implement
the TCFD recommendations. As a result this will also lead to more companies publicly supporting the TCFD
recommendations. To date, 275 companies and 47 other organizations have publicly expressed their support. The
275 companies have a combined market capitalization of over $7.1 trillion. More business leaders and others arewelcome to join our list of supporters. Companies can express their interest in supporting the TCFD
recommendations via this online form. The full list of current companies and organizations supporting the work of
the Task Force is viewable here and supportive quotes are viewable here.
The Task Force, led by Michael R. Bloomberg and established by the Financial Stability Board (FSB), which is chaired
by Bank of England Governor Mark Carney, developed voluntary recommendations on climate-related informationthat companies should disclose to help investors, lenders, and others make sound financial decisions. The Task
Force’s recommendations will catalyze more consistent, comparable, and reliable disclosure of climate-related
information that will facilitate more informed business and investment decision-making. These disclosures are an
important step forward in enabling market forces to drive efficient allocation of capital and support a smoothtransition to a low-carbon economy.
Interested parties can submit materials to the TCFD Knowledge Hub via tcfdhub@cdsb.net or via this form.
Materials will be added on a continuous basis. A list of all contributors to the TCFD Knowledge Hub can be foundhere.
Media Contacts:
Veronika Henze
Task Force on Climate-related Financial Disclosures+1.646.324.1596
vhenze@bloomberg.net
Denise Puca
Climate Disclosure Standards Board+44.7802.540.9060
denise.puca@cdsb.net

About the Task Force on Climate-related Financial Disclosures
On December 4, 2015, the Financial Stability Board (FSB) established the industry-led Task Force on Climaterelated Financial Disclosures (TCFD) with Michael R. Bloomberg as Chair, four Vice Chairs and 32 members in total.
The TCFD was tasked to develop voluntary, consistent climate-related financial risk disclosures for use bycompanies in providing information to lenders, insurers, investors and other stakeholders, which were published in
the final TCFD Recommendations report on June 29, 2017. More information about the TCFD can be found atwww.fsb-tcfd.org.
About the Climate Disclosure Standards Board
CDSB is an international consortium of nine business and environmental NGOs. We are committed to advancing
and aligning the global mainstream corporate reporting model to equate natural capital with financial capital.
Collectively, we aim to contribute to more sustainable economic, social and environmental systems. Moreinformation about CDSB can be found at cdsb.net.
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