Starting in 2024, federally regulated financial institutions (FRFIs) will be required to report GHG emissions, climate-related risks, strategy and management plans, climate transition plans, and net-zero commitments, utilizing the TCFD framework (Task Force on Climate-related Financial Disclosures). This includes the collection of client information to assess their emissions and climate risks. Companies need to prepare for mandatory ESG disclosures now to ensure compliance and continued access to capital.

Be Prepared with GLJ.

Published On: September 15, 2023Categories: News