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Gatekeeper Contract, Vendor & TPRM Glossary

Search common contracting language and take a deeper dive to discover what each means


TCFD stands for Task Force on Climate-related Financial Disclosures, which is an international organisation established in 2015 by the Financial Stability Board (FSB).

Its purpose is to help businesses disclose information about the financial risks and opportunities they face due to climate change.

The TCFD provides a framework for companies to report on climate-related risks and opportunities in their financial filings.

The framework recommends that companies report on four main areas:

  • Governance
  • Strategy
  • Risk management
  • Metrics
  • Targets

This information can help investors, lenders, and other stakeholders understand how companies are addressing climate change and how it might impact their financial performance.

Businesses can comply with the TCFD framework by assessing their climate-related risks and opportunities, and then disclosing this information in their financial filings.