06 December 2023
3 min
Embedding climate risk into what we do is a core goal for Hymans Robertson. Failure to effectively transition to a low-carbon economy will create social, environmental and economic disruption.
It's essential that climate risk is a fundamental consideration in our long-term financial planning advice to clients and how we run our firm. Climate risk is a continued core focus for the firm, and as part of this, we report in line with the Taskforce on Climate-related Financial Disclosures (TCFD).The TCFD was commissioned in 2015 by Mark Carney in his remit as Chair of the Financial Stability Board and with the support of the G20. The TCFD was asked to develop voluntary, consistent climate-related financial disclosures that would be useful in understanding material climate-related risks. The Task Force’s report establishes recommendations for disclosing clear, comparable and consistent information about the risks and opportunities presented by climate change. Their widespread adoption will ensure that the effects of climate change become routinely considered in business and investment decisions. Adoption of these recommendations will also help better demonstrate responsibility and foresight in their consideration of climate issues, leading to smarter, more efficient allocation of capital, and helping to smooth the transition to a more sustainable, low carbon economy.
Our TCFD report for the year ended 31 March 2023 has been published and you can read more here.
By downloading, the undersigned accepts and agrees that the Report will not be recited or referred to or disclosed, in whole or in part, in any other document or to any other party.
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