Helping you to future-proof your business
TCFD reporting may seem daunting, but donโt panic! Many businesses have the same concerns about first-time reporting as you do.
We know that not everybody comes into TCFD reporting with technical training, so weโve written this how-to guide to introduce the process to beginners.
Weโve incorporated the hard-earned wisdom of leading experts in the field to produce this blueprint, helping you devise a plan to assess effectively how your business can thrive in a world altered by the climate crisis.
TCFD reporting in six steps
-
Assemble
your team -
Set your
scenarios -
Physical risk
assessment -
Transition risk
assessment -
Define
metrics -
Complete
report
Step 1: Assemble your team
A multidisciplinary team will enable you to identify and handle climate-related risks across the business effectively.
Step 2: Set your scenarios
Identify the climate risks facing your business over a series of time frames and different warming scenarios.
Step 3: Physical risk assessment
Collect and map data to determine what and where physical risks of climate change may impact your business.
Step 4: Transition assessment
Assess how socio-economic fluctuations, resulting from societyโs response to climate change, could impact your business.
Step 5: Define metrics
Assign a monetary value to the climate risks you have identified and agree on goals for your climate transition plan.
Step 6: Complete report
Present findings to your board of directors, agree on what to disclose and produce your external-facing report for publication.
Access our TCFD how-to guide
Webinar: Is your business ready to report in line with TCFD regulations?
Once you have read our how-to guide, you might like to listen to our TCFD webinar for practical advice on best practices, lessons learned from early adopters and guidance on the future of TCFD and sustainability disclosures.
The webinar panel includes expert speakers sharing their experiences and insights from the Financial Reporting Council, the New Zealand Ministry for the Environment and the International Financial Reporting Standards Foundation.
Watch the TCFD in Action webinarSurvey: Is TCFD a strategic tool or a box-ticking exercise?
In February 2022, we surveyed 100 C-level executives across the UK to assess their attitudes towards mandatory TCFD reporting. We sought to understand:
โฒ Are boards discussing climate risks?
โฒ Will TCFD encourage more senior-level discussions on the climate crisis?
โฒ How will businesses deal with a lack of guidance on how much to disclose?
โฒ How much are businesses budgeting for TCFD?
โฒ Is TCFD seen as a strategic tool or a box-ticking exercise?
๐ท Did you know that the UK #construction industry contributes around 40% of the countryโs total #carbonfootprint?
๐ Sarah Cook, Chartered Geologist and Associate Director of RSK company Leap Environmental Ltd, presented Leapโs foundation carbon calculator in one of our latest webinars.
๐๏ธ This tool has been developed to consider embodied carbon associated with foundations and will enable developers to identify carbon costs and potential savings early in the #design process.
Find out all about our past and future events in our story!
#RSKEvents #RSKGroup #RSKfamily #sustainability #constructionindustry #building #carbonemissions #carboncalculator #co2
๐ Barcelona-based RSK company Amphos 21 is set to take part in one of the most extensive groundwater chemistry modelling projects that has ever been conducted.
๐ฅ๏ธ What does this exciting project entail? What is the ultimate goal? Find out all the details in our story!
#RSKGroup #RSKfamily #groundwater #supercomputer #sustainability #sustainable #enviromental #waterindustry
#selfiesonsite ๐คณ
Scott and Piotr ready to get started on steel fencing works for East West Railway Company!
๐ธ @lewisjimmy83
Want to join our team? View our latest opportunities ๐ www.rskgroup.com/careers
#RSKgroup #behindthescenes #meettheteam #RSKfamily #RSKonsite #construction #railway #careers
๐ Later this year at COP15, world leaders will adopt a ๐ป๐ฒ๐ ๐ฃ๐ผ๐๐-๐ฎ๐ฌ๐ฎ๐ฌ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ถ๐ผ๐ฑ๐ถ๐๐ฒ๐ฟ๐๐ถ๐๐ ๐๐ฟ๐ฎ๐บ๐ฒ๐๐ผ๐ฟ๐ธ
Join our expert panellists to discuss:
โ What the draft framework entails
โ How it will be translated on the ground
โ What is the role of business in delivering a nature-positive future
๐
Thursday, 12 May 2022
๐ง 09:00โ10:00 AM BST
Don't miss out and register now in our story!
#RSKfamily #biodiversity #RSKGroup #RSKEvents #naturepositive #climatechange #enviromental #nature
๐ก All-Energy 2022 starts Tomorrow!
๐ค #RSKGroup will be exhibiting at the event, alongside two of our companies: Stephenson Halliday and Headland Archaeology (UK) Ltd
๐ Come visit us:
๐ฅ๐ฆ๐ ๐๐ฟ๐ผ๐๐ฝ - Stand D60B
๐ฆ๐๐ฒ๐ฝ๐ต๐ฒ๐ป๐๐ผ๐ป ๐๐ฎ๐น๐น๐ถ๐ฑ๐ฎ๐ - Stand H58
๐๐ฒ๐ฎ๐ฑ๐น๐ฎ๐ป๐ฑ ๐๐ฟ๐ฐ๐ต๐ฎ๐ฒ๐ผ๐น๐ผ๐ด๐ - Stand J61
We would love to see you there!
๐
11-12 May 2022
๐ SEC, Glasgow
#RSKFamily #RSKevents #renewables #energy #renewableenergy #sustainability #enviroment #ecofriendly
๐ธ #selfiesonsite ๐คณ
Working on-site to excavate the area to get in and survey some previously no accessed areas!
Want to join our team? View our latest opportunities ๐ www.rskgroup.com/careers
#RSKgroup #behindthescenes #meettheteam #RSKfamily #RSKonsite #construction #survey #excavation
๐ข We are delighted to announce ๐น๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ด ๐ฐ๐ผ๐ป๐๐๐ฟ๐๐ฐ๐๐ถ๐ผ๐ป ๐ฐ๐ผ๐ป๐๐๐น๐๐ฎ๐ป๐ฐ๐ ๐ณ๐ถ๐ฟ๐บ ๐๐ฒ๐น๐น๐ผ๐๐ ๐ถ๐ ๐ท๐ผ๐ถ๐ป๐ถ๐ป๐ด ๐๐ต๐ฒ ๐ฅ๐ฆ๐ ๐ด๐ฟ๐ผ๐๐ฝ
๐๏ธ The addition of leading #construction project and cost management consultancy firm Fellows to the #RSKfamily will further expand its Geosciences and Engineering divisionโs capacity to deliver high-quality expertise across both the public and private sectors.
๐๐ถ๐ป๐ฑ ๐ผ๐๐ ๐บ๐ผ๐ฟ๐ฒ ๐ฏ๐ ๐ฐ๐น๐ถ๐ฐ๐ธ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐น๐ถ๐ป๐ธ ๐ถ๐ป ๐ผ๐๐ฟ ๐น๐ฎ๐๐ฒ๐๐ ๐๐๐ผ๐ฟ๐
#RSKGroup #building #consultancy #projectmanagement #projects #engineering
๐ก Housing Brighton, a conference organized by CIH Events, starts Tomorrow!
๐ข #RSKGroup is one of the proud sponsors of this event.
๐ก Housing Brighton is your opportunity to gain invaluable insight into the future of #housing in England.
๐
10-11 May 2022
๐ Hilton Brighton Metropole
#RSKEvents #property #house #construction #home #innovation #housingbrighton
๐ฃ๐ฒ๐ฑ๐ผ๐บ๐ฒ๐๐ฒ๐ฟ ๐๐ต๐ฎ๐น๐น๐ฒ๐ป๐ด๐ฒ ๐ฎ๐ฌ๐ฎ๐ฎ: ๐ข๐ณ๐ณ ๐๐ผ ๐ฎ ๐ณ๐น๐๐ถ๐ป๐ด ๐๐๐ฎ๐ฟ๐ ๐ถ๐ป ๐๐ฒ๐ฒ๐ธ ๐ญ
๐ถ Colleagues across the family of businesses shared their thoughts and pictures, as well as some tips for week 2 of the #RSKSteps challenge, in our latest article in our story!
๐ What do you enjoy the most about #walking? Tell us in the comments below!
#RSKGroup #RSKfamily #wellbeing #health #steps #walk #hiking #nature #landscape