Time for mandatory climate disclosures is now – Carney

Former BoE chief says Covid-19 provides an opportunity to introduce comprehensive disclosures

Mark Carney
Bank of England

The former governor of the Bank of England, Mark Carney, has called for disclosures relating to climate change to be made mandatory for financial firms.

Carney, who helped establish the Task Force on Climate-related Financial Disclosures (TCFD), said while support for climate disclosures has risen in recent years, frameworks have not yet produced comprehensive data.

“About four-fifths of the 1,100 companies across the G20 provide material TCFD disclosure, it is not yet quite comprehensive… we

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account