PDF SURVEY PREVIEW FOR ASSET MANAGERS
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Please do not submit responses to the survey through this PDF.
Please use the link provided on the website.

Preview: TCFD Asset Manager and Asset Owner Climate-Related Reporting Survey
BACKGROUNDIn December 2015, the Financial Stability Board established the industry-led Task Force on Climate-related Financial Disclosures (TCFD or Task Force) todesign a set of recommendations for disclosures that would help investors, lenders, and insurance underwriters better understand climate-related risks
and opportunities in their financial decision-making.
In June 2017, the Task Force published its recommendations for climate-related financial disclosures and, each year since, has published a status report
describing, among other topics, the alignment of organizations’ reporting with the TCFD recommendations.
For its 2023 status report, the Task Force is conducting a survey of asset managers and asset owners to understand the current state of their climaterelated financial reporting aligned with the TCFD recommendations and associated implementation challenges. The Task Force believes this information
should help asset managers and asset owners implement the TCFD recommendations and help a wide range of stakeholders understand the current
state of TCFD-aligned reporting by asset managers and asset owners.
AGREEING TO COMPLETE THE SURVEY
The Task Force would appreciate if someone well-acquainted with your organization’s climate-related reporting would complete our 10-minute survey.
Responses are due by Monday, April 3, 2023.
All responses will be kept confidential and will only be presented in aggregate without attribution to either you or your organization without permission.
The survey is administered by Boston Consulting Group (BCG). Within the scope of this survey, we will only collect your personal data of name, email
address, job title, and employer’s name to the extent you choose to share this information and based on your consent herein. We will process yourpersonal data in accordance with applicable data protection laws.
☐ By filling out and submitting this survey, I agree to the BCG privacy policy, to the TCFD privacy policy, to learn more about TCFD, and for the TCFD
Secretariat to use my details for the purposes listed herein.
If you have any questions about the survey process, please contact info@fsb-tcfd.org.
Should I change my mind and wish to withdraw my consent at any time, I can contact BCG and the TCFD Secretariat by sending an email todataprotectionoffice@bcg.com and info@fsb-tcfd.org, respectively.

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PDF SURVEY PREVIEW FOR ASSET MANAGERS
DRAFT

Please do not submit responses to the survey through this PDF.
Please use the link provided on the website.

Note: The following section corresponds to the survey questions for asset managers ONLY. For asset owners (including insurance companies), please findthe corresponding survey version on the TCFD website here.
1. Select the services you offer. Select all that apply.
a. Execution and advisory (only)
b. Fiduciary management or other outsourced discretionary fund allocationc. Fund of funds, manager of managers, sub-advised products
d. Wealth management
e. Other, please specify ______
Definitions for these services can be found in the PRI Reporting Framework Glossary, updated January 23, 2023.
2. Are you involved in your organization’s climate-related reporting to the public or directly to clients or sufficiently familiar with such reporting tocomplete the survey? Select one response.
a. Yes SKIP TO QUESTION 3b. No CONTINUE TO S2 AND END SURVEY
S2. Thank you for your interest in the TCFD. This survey is for people involved in or sufficiently familiar with the organization’s climate-related reporting.
If others in your organization are better suited to complete the survey, we would appreciate you sharing the survey with them. Visit us at fsb-tcfd.org formore information about the TCFD’s work. If you would like to provide any additional comments to the TCFD, please share here.

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PDF SURVEY PREVIEW FOR ASSET MANAGERS
DRAFT

Please do not submit responses to the survey through this PDF.
Please use the link provided on the website.

3. Which of these best describes the value of your organization’s assets under management as of the latest reporting period? (Please answer inUSD) Select one response.
a. <$100 million
b. $100 – 499 million
c. $500 million – 999 million
d. $1 – 9 billion
e. $10 – 19 billion
f. $20 – 99 billion
g. $100 – 499 billion
h. $500 – 999 billion
i. >$1 trillion
4. Does your organization report or plan to report climate-related information to clients? Select one response.
a. Yes, we currently report to clients. Select all that apply.
i. Publicly available reports (e.g., annual reports)
ii. Reports available to clients only
[if option ii is selected, include sub-question]
Does this include reports tailored to clients’ holdings?
1. Yes
2. No
b. No, we do not currently report, but plan to in the futurec. No, we do not currently report and do not plan to  CONTINUE TO S3 AND END SURVEY
S3. Thank you for your interest in the TCFD. This survey is for organizations that report or plan to report climate-related information. Visit us at fsbtcfd.org for more information about the TCFD’s work. If you would like to provide any additional comments to the TCFD, please share here.
5. Why does your organization report or plan to report climate-related information to clients? Select all that apply.
a. We receive requests from clients (including in investment mandates)b. Climate-related risks (and opportunities) are materialc. We are required or will be required by regulators
d. Our peers report climate-related information to their clients
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PDF SURVEY PREVIEW FOR ASSET MANAGERS
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e. Senior management has made it a priority to report
f. Other, please specify_____
6. In which of the following report types did or will your organization report climate-related information to clients?
ReportCurrently
reportPlan to report

Do not plan toreport

Undecided

Financial Filings (e.g., 10-K in US, Registration Document in France)
Annual Report or Integrated Report (as defined in International <IR>Framework)
Sustainability Report (including Corporate Social Responsibility (CSR)
and Environmental, Social, and Governance (ESG) reports)
Climate-Specific Report (e.g., TCFD reports)
Direct Reports to Clients
Other, please specify____7. What climate-related information does your organization currently report or plan to report to your clients? Select one cell per row.
Currentlyreport

Climate-related information
Governance
Board’s oversight of climate-related risks and/or opportunities
Management’s role in assessing and managing climate-related risks
and/or opportunities
StrategyPage 4 of 8Plan to report

Do not plan toreport

Undecided

PDF SURVEY PREVIEW FOR ASSET MANAGERS
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Currently
reportClimate-related information
Description of climate-related risks and/or opportunities identified byyour organization
The impact of climate-related risks and/or opportunities on yourorganization’s businesses, strategy, and/or financial planning (e.g., howsuch risks and opportunities are factored into relevant products orinvestment strategies)
The resilience of your organization’s strategy under different climaterelated scenarios, including a 2°C or lower scenario
Risk Management
Processes for identifying and assessing climate-related risks
Processes for managing climate-related risks
How processes for identifying, assessing, and managing climate-relatedrisks are integrated into overall risk management
Metrics and Targets
Extent to which assets under management are aligned with a well
below 2°C scenario
Extent to which products and investment strategies, where relevant,are aligned with a well below 2°C scenario
Weighted average carbon intensity (WACI) for each product orinvestment strategy, where data and methodologies allow
GHG emissions for assets under management
Other metrics (not captured above) used to assess climate-related risks
and/or opportunities

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Plan to report

Do not plan toreport

UndecidedPDF SURVEY PREVIEW FOR ASSET MANAGERS
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Please do not submit responses to the survey through this PDF.
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Currentlyreport

Climate-related information

Plan to report

Do not plan toreport

UndecidedTargets related to GHG emissions used to manage climate-related risks
and/or opportunities
Other targets (not related to GHG emissions) used to manage climaterelated risks and/or opportunities
Performance against targets
8. Do you face any significant challenges reporting climate-related information? Select all that apply for each category of disclosure.

GovernanceCategories of disclosure
Risk
StrategyManagement

Lack of board and/or senior management supportLack of resources (e.g., personnel, funds)
Lack of expertise and/or capabilities
Lack of methodologies to calculate metrics, perform scenario analysis,or other relevant processes
Concern about negative regulatory or other stakeholder scrutiny
Insufficient data
Insufficient data from publicly listed investee companies
Insufficient data from private investments (e.g., private equity,sovereigns)
Insufficient data from sources other than investee companies andprivate investments
We do not face any significant challenges
Are there any other significant challenges that your organization faces in reporting climate-related information? ___________

Page 6 of 8Metrics andTargets

PDF SURVEY PREVIEW FOR ASSET MANAGERS
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9. Is there anything else you would like to tell us about your organization’s climate-related reporting? _______________
10. Has your organization implemented any of the TCFD recommendations?
a. Yes, allb. Yes, somec. No, but plan to in the futured. No, and do not plan to11. Is there anything you would like to share with us about implementing the TCFD recommendations? ________________
12. What is the name of your organization? [Required] _______________
Note, this information will not be shared in the summary of responses or otherwise made public.
13. Where is your organization headquartered? [Required]
14. Which of the following best describes your current job title or position? Please select one. [Required]a. Boardb. C-Suite (e.g., CEO, CFO, CIO, COO)
c. Owner/Partnerd. President/Chairman/Managing Directore. Executive Vice President/Senior Vice President
f. Vice President
g. Director/Department Head/Manager
h. Professional Individual Contributor
i. Entry level position (e.g., Analyst, Associate, Assistant)j. Other, please specify: _______________

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PDF SURVEY PREVIEW FOR ASSET MANAGERS
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Please do not submit responses to the survey through this PDF.
Please use the link provided on the website.

15. What is your role in your organization? Select all that apply. [Optional]a. Client services
b. Corporate strategyc. Financed. Investments
e. Risk management (including climate risk)
f. Sustainability/ESG
g. Other, please specify _______________
16. Can we follow up with you about your responses in the survey? Please select one. [Required]a. Yes[if “Yes” is selected, include sub-question]
Please provide your email for follow up________  SKIP TO QUESTION 17
b. No SKIP TO QUESTION 18
17. Please provide your name and job title. [Optional]a. Nameb. Job title
Note, this information will not be shared in the summary of responses or otherwise made public.
18. Please provide your name, job title, and email address. You will not be contacted if you selected “no” in the prior question. [Optional]a. Nameb. Job titlec. Email
Note, this information will not be shared in the summary of responses or otherwise made public.
Thank you for your time and consideration. We hope you keep in touch and visit us at www.fsb-tcfd.org.

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