Luminous has developed this briefing guide for UK-listed companies starting out on their TCFD reporting journey. In November last year, the Financial Conduct Authority (FCA) announced that reporting against the recommendations will become mandatory in the UK from 2022, with disclosures to be included in the Annual Report. While some of the TCFD recommendations overlap with existing non-financial reporting requirements, others do not and are likely to require new disclosures. This guide is designed to help companies navigate the recommendations, identify where existing activity and data is relevant, and pinpoint where new information is required.