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Over the past few years, we’ve begun to see a number of countries laying out plans for mandatory TCFD reporting. However, as the expectations around the quality of climate disclosures rise, it’s time to examine what firms are doing well and where improvements can be made.

In this installment of the Climate Risk Podcast, GARP Risk Institute’s Jo Paisley speaks with Hector Fontaine, principal consultant at BCS Consulting, for a closer look at TCFD adoption across the banking sector. Topics discussed include:

• What banks are doing well and what needs to be improved
• Whether or not general-purpose lending needs to become more closely tied with emissions or other green indicators
• Why TCFD reporting remains fragmented and what to do about it