The Joint Committee on Climate Change (JC3) today released the Task Force on Climate-related Financial Disclosures (“TCFD”) Application Guide for Malaysian Financial Institutions which outlines key recommendations supplemented by the relevant descriptions, guidance notes, considerations and examples that could be utilised as practical resources to facilitate the adoption of TCFD Recommendations by the Malaysian financial industry.
The TCFD Application Guide can be found on the following websites:
- Bank Negara Malaysia : https://www.bnm.gov.my/climatechange
- Securities Commission Malaysia: https://www.sc.com.my/development/sri