Proposed Guidance on Climate-related Metrics, Targets, and Transition Plans

The TCFD Financial Stability Board consulted on proposed changes to its TCFD guidance, which set out more specific asks for signatories on what metrics ought to be reported on.

Although this does not set out any new statutory requirements, as supported of the framework, the PLSA responded to flag concerns that some of the proposed metrics could be difficult to provide, and risks giving misleading analysis to stakeholders.