Intrum declares its support for the Task Force on Climate-related Financial Disclosures (TCFD)

Vanessa Söderberg, Sustainability Director at Intrum

There is a growing demand for climate-related information by a range of actors in the financial markets. Intrum, as the first actor in its sector, has initiated the implementation of the TCFD recommendations in financial reporting - an important step to further develop our sustainability agenda.

Supporters of the TCFD span the public and private sectors and include national governments, central banks, stock exchanges, credit rating agencies, financial organizations and private sector businesses from a variety of industries.

But first, can you please explain what Task Force on Climate-related Financial Disclosures is?

"It is a framework for financial reporting that guides disclosures on climate related risks and opportunities. This means that the TCFD recommendations help businesses to address the financial impact of climate change on their operations. In the big perspective, increased disclosures in line with the recommendations will help global markets make more efficient capital allocation decisions. It also supports mitigating the disruptive effects of global climate change."