Climate governance principles for boards of directors

TCFD working group recommendations

1. Climate Responsibility
Corporate governance and company policy

2. Understanding climate risks and opportunities
Identifying and managing risks

3. Board structure
Corporate governance and responsibility sharing

4. Assessing material risks and opportunities
Assessment of the company’s impact and sustainability, risk management

5. Strategic integration
Strategic climate planning

6. Promotion Systems
Increased motivation and incentives for change

7. Reporting and disclosure
Emissions reduction metrics and targets

8. Knowledge sharing
Effective interaction and sharing of experiences