To help boost further TCFD support across Nordic countries, the Nordic CEOs for a Sustainable Future developed a guide – “Climate Risk Management, a Guide to Getting Started” – based on their own experiences on how to get started with implementing the TCFD recommendations. The Nordic CEOs for a Sustainable Future was created in 2018 to inspire joint leadership and action towards delivery of the UN Sustainable Development Goals (SDGs). Companies represented in the group include Equinor, Marel, Swedbank, Storebrand Group, GSMA, Íslandsbanki, Finnair, Telia Company, Posten Norge, SAS, Schibsted, Telenor Group and Yara International. Many of the group’s members already report aligned with the TCFD recommendations, and those who are not already reporting, commit to doing so starting from the reporting year 2021. Further, they recommend other Nordic companies consider integrating the recommendations in their own operations and throughout their value chains no later than by reporting year 2021.

“The direction is clear, Swedbank sees climate change as one of the greatest challenges of our time. Considering our history, our purpose, vision and business strategy, we are determined to facilitate a climate transition that aligns with the Paris Agreement. Together, in the Nordic CEOs network, we have created a practical TCFD-guide for companies to start doing their forward-looking climate reporting. A first important step to accelerate the transition. It is time to join and get the job done”, says Jens Henriksson, CEO Swedbank.

The Task Force’s recommendations have been broadly endorsed by companies, regulators, governments, central banks, and financial institutions across the world. Today, there are over 2,150 supporters including companies with a market cap of nearly $23 trillion and nearly 1,000 financial firms responsible for over $180 trillion in assets. 

Find out more: https://www.nordic-ceos.com/news

Contact:

Unni Jerndal, Head of Group Press Office, Swedbank, +46 73 092 11 80, unni.jerndal@swedbank.com

Liidia Liuksila, Communications, TCFD, lliuksila@bloomberg.net