TCFD: act on climate risks

TCFD

The signing of the Paris Agreement in December 2015, and the speed at which it was ratified, signals a step change in the way governments are addressing climate change. As national policies are put in place to accelerate the transition to a low carbon economy, companies and their leaders will find themselves at the heart of this change. Businesses need to be prepared to respond to emerging risks and opportunities generated by physical climate change and market and regulatory developments.

In our view, the call for disclosure on how businesses are likely to be impacted and how they plan to respond strategically and tactically will only increase in the coming months. Climate change is an emerging risk that has short, medium and long term implications for businesses and needs to be on the radar of forward-thinking business leaders. The key message here is that we need to embed this into existing business processes - our treatment of SDGs and climate risk cannot be separate from core business processes.

"It's abundantly clear that climate risk reporting is no longer simply a Corporate Social Responsibility (CSR) issue - it's a business imperative which needs financial analysis that should sit in organisations' financial reports."

Jon Williams

Please note that an invitation can be requested on demand.

For more information, please contact pwc-events@lu.pwc.com

Date & Location

Thursday 4 July 2019

from 16h30

Venue: PwC Crystal Park - 2, rue Gerhard Mercator, L-2182 Luxembourg

Agenda

16:30-17:00 Welcome and registration
17:00-17:15 Introduction: what is TCFD? 5 key questions you should be asking!
17:15-18:00 Climate change - the next emerging risk for your business? Responding to the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations
18:00-18:25 Our experience with clients and our climate expertise
18:25-18:30 Conclusion
From 18:30 Walking cocktail

Contact us

Valérie Arnold

Partner, PwC Luxembourg

Tel: +352 49 48 48 2285

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