Zero Carbon Finance offers strategic advice
on the rapidly evolving regulatory landscape relating to
climate change & the energy transition
practical guidance on how to improve
environmental, social & governance (ESG) performance.
Our particular focus is helping companies implement the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD).
Zero Carbon Finance, together with its partners, offers advice on sustainability strategy and practice. Our primary focus is to help companies identify, assess and manage the strategic & practical risks & opportunities from climate change using the global reporting framework developed by the Taskforce on Climate-related Financial Disclosures (TCFD).
We bring a wealth of experience of working with companies on sustainability issues, business development and Board level management, regulation, markets and risk management. We are sector agnostic but have particular experience and understanding of hard to abate sectors, in particular, oil & gas and shipping, as well as broad expertise in financial services.
About the TCFD
The TCFD framework is becoming an increasingly important element of corporate strategy and risk management and is a key feature of new regulatory and policy measures being developed by governments in pursuit of decarbonisation targets. It forms a key plank of the UK’s 2019 Green Finance Strategy, and the UK’s four main financial regulatory bodies – Financial Reporting Council, Prudential Regulation Authority, Financial Conduct Authority and The Pensions Regulator – are each implementing new rules to ensure compliance.
In the EU, the TCFD recommendations are being incorporated into the Non-Financial Reporting Directive guidelines and are intrinsic to the EU’s Sustainable Finance Action Plan. They will also be high on the agenda at the next UN climate summit, COP26, where it is expected that steps will be taken towards making TCFD-aligned disclosures mandatory on a worldwide basis.
"Reflecting the growing importance of climate-related risks and opportunities to companies across the energy and extractive sectors, Wood Mackenzie has formed a partnership with independent experts from JS Global and Zero Carbon Finance (JSG/ZCF) to offer a new TCFD advisory service for its clients. The service integrates Wood Mackenzie’s in-depth industry knowledge, scenario modelling capabilities and strategy advisory with JSG/ZCF’s experience of sustainability strategy and practice, including input to the TCFD during the development phase of the recommendations." Wood Mackenzie white paper: "How to build resilience to climate change risk"