TCFD Consultants for Climate Disclosure

Leading TCFD consultants helping UK companies meet mandatory climate-related financial disclosure requirements. Expert guidance on TCFD reporting, climate risk assessment, and FCA compliance.

Mandatory

Premium listed companies

1,300+

UK companies in scope

4 Pillars

TCFD framework areas

FCA Rules

Comply or explain basis

What is TCFD Reporting?

The Task Force on Climate-related Financial Disclosures (TCFD) provides recommendations for climate-related financial risk disclosures. In the UK, TCFD-aligned disclosures are mandatory for:

  • Premium Listed companies (mandatory since January 2021)
  • Standard Listed companies (mandatory since January 2022)
  • Large private companies and LLPs (£500m+ revenue)
  • Banks, insurers, and asset managers (various thresholds)

FCA Requirements

The FCA's Listing Rules (LR 9.8.6R) require commercial companies with a UK premium listing to include climate-related financial disclosures consistent with TCFD recommendations in their annual reports. Non-compliance requires a clear explanation perPS20/17.

The Four Pillars of TCFD

Governance

Board oversight and management's role in assessing climate-related risks and opportunities.

  • Board oversight processes and frequency
  • Management responsibilities and reporting
  • Integration with strategy and risk management

Strategy

Climate-related risks and opportunities over short, medium, and long term horizons.

  • Physical and transition risk identification
  • Business and financial impact assessment
  • Scenario analysis (1.5°C, 2°C, 3°C+)

Risk Management

Processes for identifying, assessing, and managing climate-related risks.

  • Risk identification and assessment processes
  • Risk management and mitigation strategies
  • Integration with enterprise risk framework

Metrics & Targets

Metrics and targets used to assess and manage climate risks and opportunities.

  • Scope 1, 2, and 3 GHG emissions
  • Climate-related targets and performance
  • Internal carbon pricing and incentives

Our TCFD Consultancy Services

TCFD Gap Analysis

Comprehensive assessment of current disclosures against TCFD recommendations and FCA requirements.

  • • Maturity assessment
  • • Compliance review
  • • Improvement roadmap

Climate Scenario Analysis

Quantitative and qualitative scenario modelling for physical and transition risks.

  • • 1.5°C aligned scenarios
  • • Financial impact modelling
  • • Strategy resilience testing

Risk Assessment

Identification and quantification of climate-related financial risks and opportunities.

  • • Physical risk mapping
  • • Transition risk analysis
  • • Opportunity identification

Metrics Development

Design and implementation of climate metrics aligned with business strategy.

  • • KPI framework design
  • • Target setting (SBTi)
  • • Progress tracking systems

Governance Framework

Establishing board and management structures for climate oversight.

  • • Board training
  • • Committee structures
  • • Reporting processes

Report Writing

Professional TCFD report preparation for annual reports and standalone disclosures.

  • • Disclosure drafting
  • • Data visualisation
  • • Assurance readiness

TCFD Implementation Timeline

Month 1

Discovery & Gap Analysis

Current state assessment, stakeholder engagement, materiality assessment

Month 2-3

Risk & Opportunity Assessment

Climate risk identification, scenario selection, initial impact analysis

Month 4-5

Scenario Analysis & Modelling

Quantitative analysis, financial modelling, strategy resilience testing

Month 6

Reporting & Disclosure

Report drafting, board approval, publication in annual report

Important Considerations

  • Allow 6 months for first-time TCFD implementation
  • Annual updates required with increasing sophistication expected
  • External assurance increasingly expected by investors

Why Choose Our TCFD Consultants?

Expertise & Experience

  • Certified climate risk professionals
  • 100+ TCFD reports delivered
  • Cross-sector experience
  • FCA regulatory knowledge

Our Approach

  • Tailored to your sector and maturity
  • Pragmatic and proportionate
  • Board-ready deliverables
  • Ongoing support and updates
£25,000 - £75,000
Typical TCFD implementation cost
3-6 months
Implementation timeline

Need TCFD Reporting Support?

Our expert TCFD consultants help you meet FCA requirements and demonstrate climate resilience to stakeholders. Get started with a free TCFD readiness assessment.

Get TCFD Support FCA TCFD Guide