Credible governance and disclosures are critical to provide transparency on climate-related risks and opportunities, build investor trust, and drive accountability for sustainable business practices.
Co-chaired by CIMB and Bursa Malaysia with the aim to:
Promote and enable adoption of robust, decision-useful climate- and sustainability-related disclosures by the Financial Services sector.
Recommend governance and disclosure strategies, initiatives and relevant best practices for financial institutions, including measures to mitigate risks of greenwashing.
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Priority areas & deliverables
Task Force on Climate-Related Financial Disclosures (TCFD) Application Guide for Malaysian Financial Institutions (June 2022)