To avoid the risk of inadequate disclosures which capture the attention of regulators and potential litigants, companies should be disclosing in accordance with the recommendations of the G20 Financial Stability Board’s Task Force on Climate-related Financial Disclosures, argue CCLI Canada convenor Professor Cynthia Williams and Director Ellie Mulholland in a post on the Harvard Law School Forum on Corporate Governance and Financial Regulation.

Disclosure in line with the TCFD recommendations is not just a compliance strategy for companies and directors. In light of increasing market demand for robust climate risk disclosure, there are also significant commercial benefits associated with making such disclosures.

Read the full post on the Forum here.