The FSB
promoted the creation of the Task Force on Climate-related Financial Disclosures (TCFD). The TCFD is made up of experts from the financial sector and from different markets. Since its creation in 2015, the TCFD’s recommendations have become a voluntary benchmark for firms and their disclosure of non-financial information.
The FSB is also analysing the potential implications of climate change for financial stability and promoting international coordination in this area.
Its key publications on this issue are:
- Report on “The Relevance of Transition Plans for Financial Stability” – 2025
- Assessment of Climate-related Vulnerabilities: Analytical framework and toolkit - 2025
- FSB roadmap for addressing climate related financial risks – 2021
- Report on promoting climate-related disclosures - 2021
- The availability of data with which to monitor and assess climate-related risks to financial stability - 2021