ESG and the business case for dealing with climate change

The need for companies to deal with the effects of climate change is growing and has been attracting significant attention from investors who increasingly want to know which companies are well prepared and have sustainable business models in the short, medium and long term, and those which do not. 

BDO’s latest Environmental, Social and Governance (ESG) publication, ESG and the business case for dealing with climate change explains the business imperative for effective climate reporting by companies and summarises the recommendations of the Taskforce for Climate-Related Financial Disclosures (TCFD).

The publication covers:

  • Chapter 1 – Climate change and its fundamental link to current and future business strategy
  • Chapter 2 – TCFD recommendations for all companies
  • Chapter 3 – TCFD recommendations – supplemental guidance for financial sector industries (e.g. banks, insurance companies, asset owners and asset managers)
  • Chapter 4 – TCFD recommendations for non-financial groups and associated industries (e.g. energy, transportation, materials and buildings, and agricultural, food and forest products)
  • Appendix 1 – Examples of climate-related risks and potential financial impacts.

More information

Please contact Aletta Boshoff if you require assistance with ESG or sustainability reporting.

This publication has been carefully prepared, but is general commentary only. This publication is not legal or financial advice and should not be relied upon as such. The information in this publication is subject to change at any time and therefore we give no assurance or warranty that the information is current when read. The publication cannot be relied upon to cover any specific situation and you should not act, or refrain from acting, upon the information contained therein without obtaining specific professional advice. Please contact the BDO member firms in Australia to discuss these matters in the context of your particular circumstances.

BDO Australia Ltd and each BDO member firm in Australia, their partners and/or directors, employees and agents do not give any warranty as to the accuracy, reliability or completeness of information contained in this article nor do they accept or assume any liability or duty of care for any loss arising from any action taken or not taken by anyone in reliance on the information in this publication or for any decision based on it, except in so far as any liability under statute cannot be excluded. Read full Disclaimer.