TCFD Climate Disclosures
What TCFD Climate Disclosures Covers
The TCFD framework requires organisations to disclose climate-related risks and opportunities across four pillars: Governance, Strategy, Risk Management, and Metrics & Targets. It is mandatory for large companies in the UK, Australia, and New Zealand, integrated into EU CSRD, and expected by institutional investors globally.
The Task Force on Climate-related Financial Disclosures published its recommendations in June 2017, establishing a voluntary framework for disclosing material climate-related risks and opportunities in mainstream financial filings. Within five years, the framework had achieved regulatory adoption in three major jurisdictions: the UK Financial Conduct Authority made TCFD-aligned disclosures mandatory for premium-listed companies in 2021, extending to standard-listed companies in 2022 and large private companies in 2023; the New Zealand Financial Sector (Climate-related Disclosures and Other Matters) Amendment Act made it mandatory for large NZ organisations from 2023; and the Australian Treasury incorporated TCFD substantially into the AASB S2 climate reporting standard, mandating it for large companies from FY2025.
In the European Union, the EU CSRD's European Sustainability Reporting Standards (ESRS) are architecturally aligned to TCFD's four pillars. ESRS 2 covers Governance and Risk Management in a manner directly parallel to TCFD's Governance and Risk Management pillars, while ESRS E1 covers the Strategy and Metrics & Targets content for climate. Companies producing compliant CSRD disclosures will simultaneously satisfy a substantial portion of the TCFD reporting requirements, though TCFD requires explicit scenario analysis across multiple temperature pathways — a step that CSRD mandates but that many companies have not yet conducted.
The scenario analysis requirement is the most technically demanding element of TCFD. Companies must assess their business model's resilience under at least two climate scenarios — a below-2°C scenario requiring rapid decarbonisation, and a higher warming scenario representing physical risk — and disclose the financial implications. The IEA Net Zero Emissions by 2050 (NZE), Sustainable Development (SDS), and Stated Policies (STEPS) scenarios are the most commonly used. Sustalium provides a structured scenario analysis module that maps standard physical and transition risk categories to your business model, pre-populates the narrative disclosure sections with the recommended TCFD disclosures, and generates a publication-ready TCFD report aligned to the final TCFD recommendations and the IFRS S2 climate standard that supersedes it.
The Professional Choice for TCFD Climate
CFOs face a growing challenge: compliance documentation that must be structured, verifiable, and always current — not scattered across PDFs, spreadsheets, and email chains.
Structured for this framework
Pre-built TCFD Climate Disclosures template with all required fields, data structures, and output formats. Enter your data once — it maps to the framework automatically. No starting from scratch, no manual formatting, no compliance gaps.
What you get
TCFD four-pillar disclosure template with recommended disclosures, Climate risk register with physical and transition risk categories, Climate scenario summary aligned to IEA NZE, SDS, and STEPS pathways — delivered as a verifiable public page with QR code, PDF export, and tiered access controls.
Covers your markets
United Kingdom, Australia, and 2 more — Sustalium's structured approach works across jurisdictions, so you don't rebuild for each market.
Produce your TCFD climate risk disclosures and meet mandatory requirements in the UK, Australia, and EU.
Applicable Markets
- United Kingdom: Mandatory under the Companies Act 2006 (Strategic Report) (Climate-related Financial Disclosure) Regulations for large companies and LLPs from financial year 2022.
- Australia: Mandatory under ASIC climate disclosure rules (AASB S2), aligned to TCFD, for large entities from FY2025.
- European Union: CSRD ESRS E1 and ESRS 2 GOV requirements are substantively aligned to the TCFD four-pillar structure.
- Global: Expected by all major institutional investors, CDP Climate questionnaire, and lenders applying climate risk due diligence.
What's Included
- Governance: board and management oversight of climate-related risks and opportunities
- Strategy: identified physical and transition climate risks, time horizons, and business impact assessment
- Strategy: climate scenario analysis (1.5°C, 2°C, 4°C pathways)
- Risk Management: processes for identifying, assessing, and managing climate-related risks
- Metrics & Targets: Scope 1, 2, and 3 GHG emissions, climate-related targets, and progress
- Resilience statement: how the strategy holds up under climate scenarios
Who It's For
CFOs, sustainability directors, investor relations teams, and company secretaries at publicly listed companies, large private companies, financial institutions, and asset managers in the UK, Australia, EU, and globally.
What You'll Need
Check the items you already have — learn where to get the rest.
Frequently Asked Questions
What is TCFD Climate Disclosures?
TCFD Climate Disclosures is a compliance framework that produce structured climate-related financial risk and opportunity disclosures aligned to the task force on climate-related financial disclosures (tcfd) framework.. Sustalium provides the structured framework so you do not have to start from scratch.
Who needs TCFD Climate Disclosures?
TCFD Climate Disclosures is relevant for CFOs, Sustainability directors, Investor relations teams, Company secretaries. Any business in applicable markets or selling to partners who require this declaration benefits from a published, verifiable compliance document.
How long does it take to publish a TCFD Climate Disclosures?
Publishing your TCFD Climate Disclosures takes ~3-5 hours. The framework is already structured -- add your data, review, and publish. No research, no consultants, no starting from scratch.
What do I receive after publishing?
A public, verifiable compliance page with a unique URL and QR code. Share as a link, embed on your website, or export as a PDF. Public, audit-only, and internal access tiers let you control who sees what.
What happens when TCFD Climate Disclosures regulations change?
Sustalium continuously updates every framework as regulations evolve. Your existing data carries forward -- review and re-publish. No starting over, no missed deadlines.
Create Your TCFD Climate Disclosures Document
Produce your TCFD climate risk disclosures and meet mandatory requirements in the UK, Australia, and EU.
From €10 per document · No subscription · Published in minutes