In its Climate Action Programme 2030, the German government presented concrete measures for the country to reach its 2030 climate target: a reduction of greenhouse gas levels by 55 percent below 1990 levels. At the same time, the German government officially declared its aim to take a leading position in Sustainable Finance. Hence, the country intends to underpin the transformation to a low-carbon society and sustainability-oriented financial system. First and foremost, this requires the integration of climate and sustainability criteria into investment decisions, which is only possible if financial market actors dispose of adequate information about individual assets.
With its recommendations for voluntary climate-related financial reporting, the Task Force on Climate-related Financial Disclosures (TCFD) seeks to create consistency, comparability and reliability among climate related data in order to provide decision-useful information
to financial market actors. This webinar shall provide insights into the current stage of practical application of TCFD standards, both, from a data provider and a data user perspective. Key issues that will be addressed include the penetration status of TCFD scenario based reporting, the benefits, limits and barriers to its implementation and an exchange of practical experiences.
Moderators:Prof. Dr. Timo Busch (Universität Hamburg),Ingmar Jürgens (Head of Berlin Office, Frankfurt School of Finance & Management)Speakers:Dr. Christian Thimann (Vice Chair, TCFD; CEO, Athora)Mona Freundt (Policy Manager, CDP)Frank Sibert (Head of Sustainable Business, BNP Paribas S.A Germany)Lukas Simon (Director Sustainable Advisory & Finance, BNP Paribas S.A Germany)Christoph Reißfelder (Head of Liaison Office Berlin, HeidelbergCement)