Task Force on Climate-Related Financial Disclosures
  • About
  • Recommendations
  • Publications
  • Support TCFD
    • Press Releases
    • Media Coverage
  • Knowledge Hub
Knowledge Hub MenuClose Menu
  • Knowledge Hub Home
  • Resources
    • Resource database
    • Case Studies
    • Report Database
  • Getting Started
    • Introduction
    • Governance
    • Strategy
    • Risk Management
    • Metrics and Targets
    • Scenario Analysis
    • FAQs
  • Educational Resources
    • Online courses
    • Climate Risk Card Game
    • Downloadable Training Pack
  • TCFD 建议

TCFD Knowledge Hub

 Back to Resources
Article name & author

Climate Change Risk-related disclosures in Extractive Industries

Author: ACCA and Adam Smith Business School

Industry Group: Coal, Metals and Mining, Oil and Gas

Research / Insights - 2021

The study looks at 60 of the most carbon-intensive extractive companies and at the extent and quality of disclosures they make in the management report and in the financial statements about the potential impact of climate change on their business. Clearly there are risks to the long-term viability of their activities which would impact their mineral or hydrocarbon reserves and the related infrastructure and leave them with ‘stranded’ assets. Overall the findings are that the reporting is not good enough and that annual reports lack clarity of and depth in climate change related disclosures.

 Was this resource useful?
Keywords: Disclosure/reporting
GO TO RESOURCE
Loading...
Report a Problem
Case Study

Powered by:

CDP Logo

This site is operated by CDP.

  • About the Hub
  • FAQ
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Contact Us

[email protected]

Newsletter

To receive updates about the platform and its launch, sign up to the newsletter

SUBSCRIBE

The newsletter is operated by CDP*

*CDP Worldwide, registered charity number 1122330, a company limited by guarantee 05013650, headquartered at CDP Worldwide, 60 Great Tower Street, London EC3R 5AZ, United Kingdom. CDP Worldwide is regulated by the Charity Commission.